Who Does the Co-Debtor Stay Protect in an Illinois Chapter 13 Case?
When Filing Chapter 13 Also Shields the Person Who Cosigned Your Loan Key Takeaways: Chapter 13’s co-debtor stay under 11 U.S.C. § 1301 may protect individual cosigners liable with you on consumer debts, and it generally takes effect automatically when your Illinois case is filed. It can shield parents, siblings, spouses, and friends who cosigned […]