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Asked on Jul. 16, 2014 ,  1 answers Visitors: 6
I live in Alabama. My co-buyer on my Mortgage lives in TN. She declared Chapter 13. I can't afford the payments?
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1 Answers

Anonymous
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Posted on / Aug. 08, 2015 15:37:53

Your first action should be verifying whether you did in fact sign as a co-signer on the promissory note for the home loan. If yes, you can file your own bankruptcy case and pursue a discharge of your liability on the loan. If you live in the property, you may want to discuss other options with a lawyer who handles BOTH ch 7 and ch 13 bankruptcy cases. The answer to your question depends on whether you reside in the home and whether you are interested in trying to keep it.

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