Posted on: 06th Jul, 2010 11:09 am
If I file for bankrupcy and add my house. what does this do or is it able to be done with my parents as co-borrowers
Hi THOMMYLEEHUGHES!
Welcome to forums!
Your bankruptcy filing will not affect your parents in a negative way. However, as they are the co-borrower of the loan, the lender will come after them in order to recover the dues.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Your bankruptcy filing will not affect your parents in a negative way. However, as they are the co-borrower of the loan, the lender will come after them in order to recover the dues.
Feel free to ask if you've further queries.
Sussane
Is there anyway to get them out of the line of fire?
