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What Happens to My Cosigner if I File Chapter 13 Bankruptcy?

October 4, 2025
Filing for Chapter 13 bankruptcy can have consequences for your co-signer. In this post, we cover what these potential consequences are. If you want personalized advice on how your bankruptcy can affect a cosigner, please call Stone Rose Law at (480) 739-2448 or use our contact form. Who is a Co-Signer? Some kinds of...
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Will Filing Bankruptcy Stop a Civil Lawsuit?

September 4, 2025
The bankruptcy automatic stay can stop many kinds of civil lawsuits against you. If you fall behind on your monthly payments, a creditor may decide to take measures to recover what it is owed, which can mean filing a lawsuit against you to secure a judgment that can be legally enforced through a judgment...
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What is the Automatic Stay in Bankruptcy?

September 4, 2025
An automatic stay is a provision in the United States Bankruptcy Code under Section 362. The automatic stay temporarily stops your creditors, collection agencies, government entities, and others from pursuing you for money you owe them. If you need help stopping creditors from harassing you, and you are considering filing for bankruptcy, please call...
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What If a Cosigner Files for Chapter 7?

September 4, 2025
If a cosigner files for Chapter 7 bankruptcy, this can significantly affect the debtor's remaining obligation under the loan and can accelerate the payment obligation. In this post, we consider the relative obligations of a borrower and cosigner when the cosigner files for bankruptcy under Chapter 7 of the U.S. Bankruptcy Code. Case #1:...
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What is a 341 Meeting of Creditors?

August 19, 2025
If you file for bankruptcy under Chapter 7 or Chapter 13 in Arizona, under Section 341 of the United States Bankruptcy Code, the bankruptcy case trustee and your creditors will have an opportunity to meet with you in a court hearing. This meeting of creditors is often referred to as a "341 meeting of...
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