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Urban Legend #4 : Creditors Never Seek Collection From Co-Signers

Keith Rucinski,  Chapter 13 Trustee, Akron, OH

bankruptcy urban legend 4

Every year, there are people who never went to college, but are required to pay on a student loan.

Every year, there are people who are required to pay for a car they do not own or drive.

Every year, there are people who have to pay on credit card debt for charges they never made.

Who are these people? They are co-signers.

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