question complicated
Date: Tue, 07/28/2009 - 07:53
question complicated
I have recently filed ch 7 and I have some student loan debt. I know they will not get discharged but on two of my private student loans I have a cosigner on them. During the chap 7 I have not paid on the student loans until everything but the student loans get discharged. after they do I will start repaying on them again. My question though is what will show up on my cosigners credit report as my bankruptcy takes place. I know mine obviously will suffer but what about my cosigner? Any help/thoughts? thank You!!!
From what I have heard, it doesnt affect your cosignors credit.
From what I have heard, it doesnt affect your cosignors credit. However with private loans, filing BK may cause them to default if they have not already.