If I file a Consumer Proposal will my lines of credit revert to the co-signers?
May 1st, 2014 by Questions
I have 2 education lines of credit (with different banks) that my parents co-signed for while I was in school. If I file a consumer proposal now, will those loans just revert to them, or is there a way I can insulate them from liability? There’s no way they can afford those payments on just their pension income. Thanks.
Posted from: Newfoundland and Labrador