Legal Question in Bankruptcy in Pennsylvania

Remove name from loan

My sister-in-law and myself bought a camper 4 years ago. 2 years later I could not keep up with the payments so she and her husband took them over but my name is still on the loan because we were told by the bank that we could not remove my name without her refinancing. Now she and her husband are going to declare bankruptcy because she became ill and has many other debts like credit cards that they cannot pay. I am not yet in a position to take over the payments but even if I do her name is still on the loan. My question is how will the bankruptcy affect my credit and can I remove my name from the loan before they start proceedings?


Asked on 10/21/07, 9:47 am

1 Answer from Attorneys
John Gibson John W. Gibson, Esquire

Re: Remove name from loan

If they are going to file a Chapter 7 bankruptcy and surrender the camper you may be subject to a deficiency. If they are going to file a Chapter 13 you may still be subject to pay the amount of the loan that your sister-in-law and her husband do not pay under the Chapter 13 plan.

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Answered on 10/28/07, 12:49 pm


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