Oswego, IL asked in Bankruptcy for Illinois

Q: I am in need of filing bankruptcy for credit card and installment/personal loans. I have substantial student loans

with a cosigner. I know the student loans cannot be discharged. If I file for bankruptcy on my other debt, will it affect my student loans (make them default) and in any way harm my cosigner and the cosigner's credit?

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1 Lawyer Answer

A: No. Not as long as you continue to pay the student loans as agreed.

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