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Can you reaffirm a credit card to protect cosigner?

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    #1

    Can you reaffirm a credit card to protect cosigner?

    My husband and I both are ready to file chapter 7, the only thing holding him back is that his mother co-signed for one of his cc's. We know we have to list it, but if we reaffirm it, is it possible that her credit will not be affected?
    Is it allowed to reaffirm certain credit cards if we are current on them?
    I have searched this forum for cosigner, but hadn't had luck with anything similiar to this..thanks in advance!!
    Hugs,
    AKCIRE :angel:

    Filed BK7 Pro Se: 10/12/2005 :(
    341 Meeting: 11/15/2005 :cool:
    Objections DL: 01/16/2006 :yahoo:
    DISCHARGED!: 04/06/2006 :clapping:
    Tags: None
    #2
    You can try too. It's ultimately up to the court, but if you approach the credit card company and request a reaffirmation agreement, I don't think they would say no.

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      #3
      If he's adament about not ruining his mothers credit.............he'd be better off forgeting to list this particular credit card account on his petition.
      The information provided is not, and should not be considered legal advice. All information provided is only informational and should be verified by a law practioner whenever possible. When confronted with legal issues contact an experienced attorney in your state who specializes in the area of law most directly called into question by your particular situation.

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        #4
        not an expert but...

        i was told that all similar types of debt..ie unsecured..must be treated the same....

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