NanaCsews2

This is not necessarily true in our area. We know someone personally that had to file bankruptcy due to co-signing a loan and they could not pay when the other party stopped paying. All debt was depleted, the vehicle returned to dealer, and 4 years later, this couple has a brand new vehicle, and has taken several trips. Along with a nationally known cc. They don't spend lavishly or go out to eat often. They just didn't wait 7 years in order to get what they needed. There are different laws depending on which chapter you file. What you get to keep, what you give up and for how long. Furthermore, it is unfortunate that in many states, this is all public knowledge. If you don't know where to start, contact your local DA's office and ask to be given info on where to start the procedure. You may find it beneficial to not let anyone except those very very close to you know what your business is until this is resolved, if at all.