My son paid off and closed the credit card account he shared with me right before I filed for chapter 7 bankruptcy. I went and filed just a few days after we closed it.
Fast forward several months later and on my son's credit report there appears a comment about my bankruptcy. The account shows as closed but it also says something along the lines of 'Co-debtor on this account filed bankruptcy' (I don't know the exact phrase).
Why would the bank need to post this comment if the account was already closed? Should we have waited longer after closing the account before I filed bankruptcy? And is there anyway to remove the comment?
He needs to finance a car and apply for a mortgage and doesn't want any bankruptcy-related comment on his report.