Tennessee  |  Bankruptcy

Legal Question

Asked on: 12/29/08, 11:49 am

Co-signer on a car

I filed bankruptcy over 10 years ago and one of my creditors was a car financing company. My father co-signed the loan and now, after 10 years, the company is requesting that he pay the remaining balance. Is there a statute of limitations on how long a company can go back & try to collect after a bankruptcy? My dad is refusing to pay it & they keep sending him letters . . however, we heard nothing from them until now. My dad is so angry he has told them that he will file bankruptcy, just to not pay it. I am trying to find an alternative and understand his/my rights.

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