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Can I protect a cosigner?

Discount Divorce & Bankruptcy, LLC :: Bankruptcy Topics :: Bankruptcy FAQ

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Can I protect a cosigner? Empty Can I protect a cosigner?

Post  Admin Mon Sep 21, 2009 3:52 pm

If you file Chapter 13, a co-debtor stay automatically goes into effect prohibiting creditors from collecting consumer debt from co-debtors. In order to maintain this protection, your Chapter 13 plan must provide for payment of the entire debt and interest.

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