I filed in february and am near my discharge, well I have a house with the first loan through wells fargo and a second home equity line of credit with bank of america. I have a co-signer on the loans and am wondering when both loans are discharged, is the co-signer still responsible for the loans? he did not file.
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Yes, he will be responsible.Stopped paying CCs 1/10 | Stopped paying mortgages 2/10 | Interviewed attorneys 3/10-5/10 | Retained attorney 5/14/10 | Delivered paperwork to attorney 6/17/10 | Filed Ch7 7/9/10 | 341 8/16/10 | Objection Deadline 10/15/10 | DISCHARGED 10/20/10 -
Yes, this is one of the risks of co-signing. I hope you've talked with the person who cosigned the mortgages with you and they know about your bankruptcy filing.Originally posted by asilva1818 View PostFiled Chapter 13 02/2006 - Confirmed 05/2006 - Discharged 09/2011
I'm not an attorney. My replies are merely suggestions or observations, not legal advice. As always, consult with an attorney before making any decisions.Comment
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yes he is aware, he wants to leave the house too, but I am not leaving until we can get this resolved so I don't ruin his credit.Comment
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