Vehicle co-signer??

I am in the process of declaring bankruptcy. 4 months ago I obtained a loan with a relative as co-signer. The loan was for an auto that the relative drives I do not, even though I am primary on the loan. When I declare bankrutpcy will the loan fall to the co-signer? Do I face any legal difficulty because I only purchased the auto 4 months ago and am now declaring? Or will I have to reaffirm the loan to ensure the relative does'nt loss the car???

Each of you is just as responsible for the loan as the other.

If you file bankruptcy and have that loan discharged as to you, then sole responsibility for repayment will fall to your relative.

If your relative is and stays current on the vehicle payments, then it won't matter that you're no longer responsible for the loan.

You may be asked a question or two at your first meeting of creditors about that recent vehicle purchase, but it probably will not muck up your BK, as long as you can honestly say you didn't acquire the loan with the intent of later filing BK on it.

Thanks dorenephilpot!!!