Q: I am a co signer on my daughters car. She is filing bankruptcy and will include the car. Will I still be liable?
I am scared I will end up getting sued for the amount. Is there anything I can do to protect myself?
A: Read the terms of the contract. Generally, you would still owe the car loan if your daughter files bankruptcy. You may wish to see an attorney yourself to see what your options are. Hope it works out. Good luck!
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A: The bankruptcy filing will have no impact on your obligation on the loan.
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