As a co-signer on a private student loan and the signer is filing for bankruptcy, will the student loan then fall on me?

Question Details: the signer is also trying to get the student loan discharged as part of her bankruptcy due to hardship.

Asked 10/10/2009 under Bankruptcy | 274 View(s) | More Legal Topics

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Bankruptcy Law Answers

Student loans are *very* hard to discharge in bankruptcy, even with hardship, so the signor should not count on this.

However, if signor discharges his/her debt, or simply stops paying, then the lendor may go after the co-signor for payment.

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