chapter 13 lawyer, Bankruptcy Lawyer Greenville SC

Bankruptcy Myth #19

Greenville, South Carolina | Thursday Aug 28, 2008 | 10:12:32 am

Bankruptcy Myth 19
My spouse’s credit rating will suffer.

Your co-signer’s credit score will not be affected so long as the debt is paid on time. A notation may appear, however, on your spouse’s credit report to indicate that a co-signer (you) filed for bankruptcy, but their credit score will not be lowered unless neither of you repays the debt and the delinquency is reported to the credit reporting agencies.

chapter 13 lawyer, Bankruptcy Lawyer Greenville SC

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