Tag Archives: Cosigner

• Avoiding a Cosigner Catastrophe: Protecting Friends and Family in Bankruptcy

  • Posted On: December 18, 2012
  • By: Matthew T. Nash

  What is a cosigner?  A cosigner is usually a friend or family member who signs a legal document or contract and promises to pay your loan in the event you are unable.  When a consigner signs a contract, this individual becomes legally liable for the debt.  According to bankruptcy laws, the lender/creditor views the cosigner… Read More »

  • Posted in Bankruptcy
  • Tagged Chapter 13, Chapter 7, Cosigner, debtor
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