Posted on: 08th Jun, 2012 01:52 am
I co-signed for my mother's home and I'm paying the lease for the past 3 years. 2 years ago my mom filed bankruptcy, and I'm not sure if we re-affirmed the car lease with Honda or not, but I do remember we told the lawyer we wanted to keep the car, and I think Honda kept requesting the re-affirmation documents but I told them I would keep paying on it. And I have. I’ve been paying for the past 4 years and never missed a payment. My mom filed and she’s doing well for herself now. I'm the one who's in crap. I have 40k in debt and I want to file now. My question is, can I include the car in the bankruptcy, and will they go after my mom? Do I check with them to see if they have a reaffirmation agreement? I want to file but I don't want my mom’s credit to get screwed. I don't want anything to come back on her.
You can ask your mother or your mother's bankruptcy attorney in order to find out if your mother's car loan had been reaffirmed. If the debt has been discharged and if it has not been reaffirmed, then your including it in your bankruptcy filing won't have a negative impact on your mother's credit.