Challenged Co-Signed Debt

Wasson and ThornhillBankruptcy Advice

If you have a co-signed debt, your discharge of that debt may be challenged by either the cosigner or the underlying creditor.   Last week we discussed obligations on co-signed debts, both to the joint creditor and to your co-signer. In that discussion we assumed that both those obligations could be discharged (written off) in bankruptcy. But what if the … Read More

Co-Signed Debt

Wasson and ThornhillBankruptcy Advice

If you have a co-signed debt, you’re concerned not just about the joint debt, but also about your separate liability to your con-signer.   If you have a co-signed debt you tend to be more concerned about one of two sets of problems. You’re either mostly worried about the other co-signer, or about the creditor you’re both owe on the … Read More