Auto Loan question. PLEASE HELP!!!!

[acidity357]

I am 21 and a student in college, ive been planing to file bk due to increasing debt and not able to find work. I had a couple question i hope you guys can help me with. If my mom is a cosigner on a auto loan, and i file bankruptcy does the car go on her, or does it go to the bank. Ive came to the decision that i no longer need/want the car. (the loan is more then the car). What would happen to her credit on this situation?

[Help!]

This is an easy one (although I'm sorry I don't have better news) - if she co-signed she'll be on the hook for the loan.

[TEW]

I am 21 and a student in college, ive been planing to file bk due to increasing debt and not able to find work. I had a couple question i hope you guys can help me with. If my mom is a cosigner on a auto loan, and i file bankruptcy does the car go on her, or does it go to the bank. Ive came to the decision that i no longer need/want the car. (the loan is more then the car). What would happen to her credit on this situation?

If your mother cosigned the loan she will be responsible for the loan. after you file your credit will be tanked for a while. BK stays on your record for 10 years. BUT you a can do a lot of things to repair your credit after the BK

[acidity357]

is there any way to drop a co-signer? or if i do file BK would it affect her credit?

[TEW]

It wil not effect her credit You could try to refinace the car before you file with out a co singer