What do you do if your vehicle was repossessed if you were the co-borrower and the other borrower has filed Chapter 7?

User Avatar
Wiki User
July 01, 2005 3:33PM

You either pay or dont pay or file B/K also. If a co-borrower

has debt discharged through bankruptcy, the other signatory is 100%

liable for the balance of the loan.

Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.