I co-signed on a car loan for my sister and she filed bankruptcy.

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I co-signed on a car loan for my sister and she filed bankruptcy.

3 years ago my sister filed bankruptcy. i cosigned on a car loan for her. since filing the loan has been on my credit report, the amount has never changed. She came into a large amount of money this year and lied about paying the loan off. i want it paid and off my credit report. can i take her to small claims court or is she protected?

Asked on May 11, 2009 under Bankruptcy Law, Kansas

Answers:

LAR, Member CA State Bar / FreeAdvice Contributing Attorney

Answered 12 years ago | Contributor

The question is not clear.  Did your sister file for bankruptcy AFTER the car loan or did you co-sign the loan because your sister had filed bankruptcy in the past and she needed your good credit to get the loan?

Do you know what Chapter bankruptcy it was?  7 or 13?


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