Will the debt of my dad be eliminated? 2 Answers as of September 10, 2010

My dad and I cosigned a loan. If I go through with my bankruptcy, will this debt be eliminated for him as well? Thanks!

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Ariano & Reppucci
Ariano & Reppucci | Chris Ariano
Unfortunately no, your Dad will still be liable for the debt.
Answer Applies to: Arizona
Replied: 9/10/2010
The Ellingson Law Group
The Ellingson Law Group | Matthew Ellingson
Unfortunately not if you file under Chapter 7 or Chapter 13, but a Chapter 13 would stop creditors from going after your dad during the pendency of the Chapter 13.
Answer Applies to: Arizona
Replied: 9/9/2010
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