co signer filing bankrupcy help!!!

It can affect your credit score badly as you're a joint debt holder. It may bring down your score by 200 or more.

Honestly, I dont think you will have that much to worry about, because even with her bankruptcy, there is a different code for a co-signed account than for a co-buyer. And, even if your credit score were affected, you could very easily use your credit report to illustrate what happened. lenders and credit granters understand the different codes and such on credit reports, so they are likely to see what happened. A co-signer is not actually a joint debt holder--thats a co-applicant or co-buyer. A co-signer is only there as backup to reassure the creditor that they will be paid. For example, let's say you bought a car and your mom co-signed on that loan. your mom has no legal claim to the car. She only promised to pay the bill if you do not. That does not in any way give her the same right to the car that you have. For that, she would have had to be listed as a co-buyer on the loan.

Keep paying on it and don't let it get delinquent. It shouldn't affect your credit. The CII indicator (that shows included in a bankruptcy) is specific to the debtor, not the account. They can report on her credit report that she went bankrupt on the debt, but should not report bankrupt on your credit. If they do, dispute it.

If I file taxes jointly with my husband, will that affect my credit

Will it affect my taxes for next year?

what if the person files for chapter 13 bankruptcy and finishes the plan the court set will this show as a negative on the cosigners credit report