If I cosign an apartment lease for a friend can I file bankruptcy against the landlord to get out of the lease.
If you are filing for bankruptcy, and you try to cosign -- two things can happen. 1. the lender will turn you down. 2. If the court finds out you have applied for credit the bankruptcy can be stopped. If you mean that the car and loan will be for you during or after the bankruptcy, this still has to be disclosed and again the bankruptcy can be stopped.
The cosigner's credit will only be affected if the person that they cosign for defaults on the loan. The bankruptcy will not affect the cosigners credit.
If you can find a lender who will accept your signature, sure. Unlikely.
The cosign of pi is -1
Sometimes. Expect the interest rate to be high. The reason some lenders will give the loans is once a person has had a bankruptcy, they can't file again for 7 years.
No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.No. You would not be a good credit risk nor a sensible guarantor if you are in bankruptcy yourself.
how many times can someone cosign a car
Chapter 13 is a payment plan form of bankruptcy. You make payments to creditors based on your income over a set number of years. It is the more responsible choice over other forms of bankruptcies. You take a chance anytime you cosign. It should be based on the borrowers character.
no.my father cosigned for me,but the bank told me that anybody could cosign..good luck to you.
Two people would need to cosign an agreement when for example, parents need to cosign the loan application for their child or to help a friend in need.
It is possible that you could cosign an auto loan after you filed bankruptcy. It is not likely though. It would depend on a number of factors, not the least of which is your current credit number.
You can't make any new financial commitments without the approval of your trustee. After that, finding a lender may prove difficult too.
absolutely not. Minors are not able to cosign any loans, only an adult (eighteen years or older) is aloud to cosign a loan. the law states that any minor is not responcible for the repayment of any loan.
For the length of the contract you sign. If you cosign on a 3 yr loan, you are responsible for the debt for 3 years.
No. You can not acquire additional debt while in a bankruptcy without court permission. Co-signing is additional debt. Not to mention the loaner shouldn't let you co-sign anyways since you are in a bankruptcy. Speak with an attorney about your specific situation. If you can not find an attorney, contact your local Bar association and they will refer you to one.
If you are a minor, you cannot LEGALLY cosign or sign any loan/contractual agreement.
If they'll accept your co-signature as having any value, sure.
Yes You Can. This Leaves A Mark On Your Credit Report, Plus Since You Did Not File; You Now Are Responsible For The Debt. NEVER EVER COSIGN++++++++++++ MONEY 101 * Probably not. If the debt was discharged in bankruptcy then it is not subject to collection procdures including a lawsuit. In some state filed BK's a cosigner has protection in this area if specific circumstances exist.
Yes, an employer can cosign for a student loan. Any one can cosign for a student loan if they meet the requirements.
That's up to the lender.