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Co signed on a loan.

I am currently co-signed on a a loan with my ex, if I file for bankruptcy and she fails to make the payments, which I strongly believe she will, will I still be responsible for the loan.

Thanks for the help.

Posted from: Alberta

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One Response to “Co signed on a loan.”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

Yes, anytime you have co-signed on a loan you are obligated to ensure the debt becomes paid irrespective of what happens to the other party. So if they file a bankruptcy then you are solely responsible for that loan.