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Home > Law > Other Law   »   Bankruptcy and lease cosigners

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Old Sep 6, 2008, 01:01 PM
truthislove
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Bankruptcy and lease cosigners
I used a cosigner to get my appartment because of my bad credit. I am current on my rent, and have never been late. If I file bankruptcy on other debts but not on my lease, will that impact the cosigner in any way, ie. credit, ect...?

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Old Sep 6, 2008, 01:04 PM   #2  
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Quote:
Originally Posted by truthislove
I used a cosigner to get my appartment because of my bad credit. I am current on my rent, and have never been late. If I file bankruptcy on other debts but not on my lease, will that impact the cosigner in any way, ie. credit, ect...?


No, a cosigner is only responsible for debts he/she actually cosigned.
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