co-signed a loan for a person claiming bankrupsy

July 20th, 2010 by Questions

If I co-sign for a loan and the person i co-signed for wants to claim bankrupsy. Do I have to claim bankrupsy to?

Posted from: Saskatchewan

Questions

One Response to “co-signed a loan for a person claiming bankrupsy”



July 21, 2010 at 9:42 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

If you are unable to afford to payment arrangements on this loan you may find your self where the filing of a bankruptcy or a consumer proposal are necessary.

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