I must file bankruptcy. I bought my daughter a car in her name with me as co-signer. Will this hurt her credit

Question

too?

Answer 1

In short, as long as the payments are still coming for her car... No. If payments are late or stop coming altogether, then she will be affected.

Answer 2

Yes it will....she's legally bound to up hold the payments since you co-signed for her.

Answer 3

No.  She's not filing.  Besides, loans with specific collateral are usually no included in a bankruptcy, so, afterward, you still may be responsible as cosigner.