My mom co-signed a loan a while back for me. Just this last December we filed for chapter 13 bankruptcy. The attorney said that nothing would happen to my mother, but unfortunately it seems that it was put on her credit report that she is the co-debtor to someone that filed bankruptcy.
Is there anyway to have that removed? My lawyer isnt' answering me. It has destroyed her credit.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.