Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wp-migrate-db domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /srv/app/gotoiba-dev/htdocs/web/wp-includes/functions.php on line 6121
If a loan borrower has declared Chapter 13 bankruptcy, can we attempt to collect the loan balance from a co-signer on the loan? – IBA Compliance Connection

If a loan borrower has declared Chapter 13 bankruptcy, can we attempt to collect the loan balance from a co-signer on the loan?

by

Chapter 13 of the Bankruptcy Code prohibits a creditor from seeking payment from a codebtor without first seeking relief from the bankruptcy court. 11 USC 1301(a).