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.
Yes. I co-signed for an auto loan and the other borrower filed bankruptcy without notifying me. I was in the process of buying a home and before I went to settlement they pulled my credit again and her bankruptcy came up - preventing me from getting the house. So yes it will affect your credit because it will show up on your credit report that that person has filed for bankruptcy.
How do you get 1000000 robux for free?
Give me food and I will live give me water and I will die what am I?
How do you spell water with 3 letters?
What countries have only three syllables in their name?
What is 8 divided by 2(2 plus 2)?
What does ckcd debit mean on a bank statement?
Are Danny Devito and Joe Devito related?
WHAT IS THE EXPECTATION ON THE SUBJECT NSTP AND TO THE INSTRUCTOR AND CLASSMATE?
What patterns are involved in multiplying algebraic expressions?
What are the advantages of using a two-way chart?
Bakit hindi kasama sa pinagpilian si andres bonifacio bilang bayani?
Why the story entitled origin of fair complexion and fair hair?
Who is the official channel for the DoD engaging the news media?