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co signers bankruptcy

Posted on: 25th Oct, 2010 12:03 pm
the co-signer for my mortgage has declared bankruptcy within the last year. Now i am looking at a possible forclosure on the property. Does the co-signer have any financial resposibilities for this property?
Hi nmh!

Welcome to forums!

If the cosigner had included the mortgage in his bankruptcy filing, then he does not have any financial obligation toward the mortgage.

Feel free to ask if you've further queries.

Sussane
Posted on: 26th Oct, 2010 12:23 am
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