Thursday, 13 February 2014

I have $185,000 in student loans that my grandparents co-signed for. If I wanted to declare chapter 13 and include these loans, will my gran...

Question

I have $185,000 in student loans that my grandparents co-signed for. If I wanted to declare chapter 13 and include these loans, will my grandparents still be responsible for repayment since they are listed as co-signer?



Answer

You cannot discharge student loans in bankruptcy absent special circumstances and even if you can, if your grandparents co-signed then your grandparents will have to pay.



No comments:

Post a Comment