Are my parents still able to be a co-signer on my apartment even if they are currently on chapter 7 for bankruptcy?
4 attorney answers
I agree that if the landlord will accept the cosignor, then that is fine.
This is not legal advise. It is intended only as general information for your use and since all facts may not be disclosed, It is difficult to give an accurate and complete answer.
I agree with my colleagues. If the landlord will accept your parent as co-signer, they can do it.
Yes, they can co-sign for your apartment. There is no prohibition on ch7 debtors incurring new debt.
DISCLAIMER: This message is intended as a general discussion of legal issues and not as a statement of fact, legal advice or a legal opinion. No attorney-client relationship is created by this message. Do not act or rely upon law-related information in this communication without seeking the advice of an attorney licensed to practice in the relevant area. I am a Federally Designated Debt Relief Agency under the United States Bankruptcy Code. I proudly help people in financial need file bankruptcy cases. IRS CIRCULAR 230 NOTICE: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained in this communication (or in any attachment) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed in this communication (or in any attachment).