bankruptcy and co-signers.....

iVillage Member
Registered: 05-09-2005
bankruptcy and co-signers.....
5
Thu, 03-05-2009 - 1:54pm

My father co-signed my truck loan for my Durango in December of 2004 and now he's filing bankruptcy.

 

Spirited Kids are like Roses........They NEED special care and sometimes you have to get past the thorns to truly enjoy them.

iVillage Member
Registered: 03-17-2003
Thu, 03-05-2009 - 2:37pm
All it means is your father will not be contacted by the lender for payment.
iVillage Member
Registered: 05-09-2005
Thu, 03-05-2009 - 3:48pm

Ya, I know the payment arrangement between my father and me was just between us, but can the lender refuse to let me be the only one on the loan??

 

Spirited Kids are like Roses........They NEED special care and sometimes you have to get past the thorns to truly enjoy them.

iVillage Member
Registered: 03-17-2003
Thu, 03-05-2009 - 4:32pm
The lender isn't going to make any changes.
iVillage Member
Registered: 05-09-2005
Thu, 03-05-2009 - 8:46pm

Okay thanx.

 

Spirited Kids are like Roses........They NEED special care and sometimes you have to get past the thorns to truly enjoy them.

iVillage Member
Registered: 03-17-2003
Thu, 03-05-2009 - 11:46pm
You and your Dad have my hopes and prayers for better days.