What is a co debtor bankrupt?

Often is a believer, such as e.g. a car dealer a person forcing someone to recruit, giving a promise to pay loan bad credit history stores duty as a car. If the financial situation of the individual does not improve and bankruptcy protection it before any action of creditors such as law enforcement and pledge, submission is protected in the event of bankruptcy. The other person - bankruptcy "Title" - specific protection measures on the issue of bankruptcy can benefit but will be put finally with debt. Co DebtorSoon list after filing a petition in bankruptcy, a debtor must be a list of assets and liabilities called complete schedules of insolvency. Annexes - Annex H - part specifically co-debtors. The form is the defendant on behalf of individuals or also paid on all debt he lists including the guarantor and co - signer a record has bankruptcy Chapter 7 or just liquidation .Treatment but debt chapter, a title is not the special protection. Although the exact manner in which a creditor can attempt to collect a debt that varies outstanding co-debtors in accordance with the provisions of the Treaty and the laws in force between the parties, the creditors entitled to the co-debtors directly to case.Treatment 13In debt bankruptcy chapter a chapter 13 bankruptcy case in General on the other hand, title is protected by automatic suspension if debtor committed primarily for personal, private household or family obligation. A title is not protected when the fault not consommateur is debt, liabilities of the enterprise. A bankruptcy filing provide the debtor with a "new beginning" and, in a case of KapitelRe 13, opportunity to reorganize its financial obligations. In line with this ZIEL safeguards for the co-debtors in case of chapter of 13 available creditors to pressure on the borrowers - prevent obligations of the debtor indirectly - Familiarisationles members y or friends who have signed guarantee. The creditor may request the court permission to start or continue the collection against the title of a chapter, 13 cases, however. Thanks to a movement of creditors can "in residence relief" claim, if the plan of the debtor's creditors repay to repay of the debt in full, the title (suggests instead of the debtor) actually benefited from the obligation or the creditor would be "irreparably compromised", if the protection title place.Treatment case ends bankruptcy debt BankruptcyThe post remained when the case is closed or if the chapter 13, the debtor ends his scheduled payments. With few exceptions (taxes and child support, for example), the debtor will be, is responsible for the obligation to end the bankruptcy case. The title must however the balance numbers on the co DebtorsThe title debt.Remedies of remaining credits for payments received by the defendant against the debt in the event of bankruptcy. So far as that title already wholly or partly from the obligation of the debtor has paid it takes to collect the rights of the creditor against the debtor. In addition may a request for refund in the event of insolvency of the debtor file. The title received no payment by the debtor, however, unless that original creditors has been paid.