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 Is the co-applicant responsible for debt		  New Topic  Reply to Topic
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zelia.2
Starting Member



1 Posts
Posted - 08 July 2010 :  09:58:16  Show Profile  Visit zelia.2's Homepage  Reply with Quote
I have a cosigner on my credit card account and was contemplating filing bankruptcy. Is the co-applicant responsible for debt if i file bankruptcy?

Bridgewood
Junior Member

United Kingdom
222 Posts
Posted - 08 July 2010 :  10:38:09  Show Profile  Visit Bridgewood's Homepage  Reply with Quote
Hi Zelia

Check the small print, but I think the answer is probably yes

Good luck


Bridgewood specialise in helping people deal with their debts and make the most of their financial situation - providing free, no obligation debt advice.

We can also setup a complete range of solutions including debt management plans, IVA and bankruptcy support.
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gettingoutofdebt
forum expert



2418 Posts
Posted - 08 July 2010 :  10:48:24  Show Profile  Reply with Quote
If it was a joint application rather than an additional card then yes, the other applicant will be liable for the debt if you declare BR.
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