Chapter 13 being filed by a co-signer!
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Thread created 07-02-2011 by TheeeGod
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Student loans can NOT be discharged in bankruptcy. Since your parents are co signers, and filed for bankruptcy, I believe there is a 6 month "protection period" where they can't go after the filer....
Chapter 13 being filed by a co-signer!
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Thread created 07-02-2011 by TheeeGod
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10 Replies
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Thanks for the reply. Is there anyway for me to avoid this 6 month freeze? My parents do not contribute to the payments in anyway. Its ridiculous that they won't accept money when someone is...
Chapter 13 being filed by a co-signer!
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Thread created 07-02-2011 by TheeeGod
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10 Replies
11,870 Views
I was wondering if anyone here new the intricacies of loans and bankruptcy.
I have loans from Sallie Mae in a large amount, both federal and private. My parents co-signed these loans and, due to...
Chapter 13 being filed by a co-signer!
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Thread created 07-02-2011 by TheeeGod
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10 Replies
11,870 Views
Have you tried contacting Sallie Mae yet?
Chapter 13 being filed by a co-signer!
Expired
Thread created 07-02-2011 by TheeeGod
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10 Replies
11,870 Views
Dang, dude. Chapter 13? That's rough. What can I say?
Chapter 13 being filed by a co-signer!
Expired
Thread created 07-02-2011 by TheeeGod
0 Score
10 Replies
11,870 Views
Yes, dude. Maybe Sallie will let you get away with it!
Lol.
Chapter 13 being filed by a co-signer!
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Thread created 07-02-2011 by TheeeGod
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10 Replies
11,870 Views
Statements are useless. When the courts said they had to be made available to the public (adding a statement) they probably had good intentions, but you can put anything in your statement and no one...
Chapter 13 being filed by a co-signer!
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Thread created 07-02-2011 by TheeeGod
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10 Replies
11,870 Views
Am I reading right? After the six month period is up, he OP will have a 120-day late on their CR even if they start paying as soon as possible? If that in fact the case, OP you need to do everything...
Chapter 13 being filed by a co-signer!
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Thread created 07-02-2011 by TheeeGod
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10 Replies
11,870 Views
I hear ya. You probably know as well as I do, that a statement on your credit report only matters so much (a Credit Union may take solace in it). Not that I agree with it, but it is always the credit...
Chapter 13 being filed by a co-signer!
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Thread created 07-02-2011 by TheeeGod
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10 Replies
11,870 Views
I don't believe there is anything you can do. This is all according to bankruptcy law. The account holders basically are forced to do this per bankruptcy protection rules. If they don't they are...
Chapter 13 being filed by a co-signer!
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Thread created 07-02-2011 by TheeeGod
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10 Replies
11,870 Views
Yes, Sallie Mae. As for reaffirmation, it's a little odd in your situation, because it's the co-signers that are filing bankruptcy, and not the primary account person (YOU). Also, it's strange...
Chapter 13 being filed by a co-signer!
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Thread created 07-02-2011 by TheeeGod
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10 Replies
11,870 Views
The dangers of co-signing a loan are more than just the obvious of getting stuck paying for a deadbeat. It's unfortunate that this persons parents filed bankruptcy, before asking a lawyer how the...
Chapter 13 being filed by a co-signer!
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Thread created 07-02-2011 by TheeeGod
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10 Replies
11,870 Views
By account holders, I suppose you mean Sallie Mae? And by "reaffirming" - it basically means to take off the co-signer from the account? Thanks again for your help.
