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Discharge for student loan co-signer

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    Discharge for student loan co-signer

    I know most of the time, student loans are not dischargeable for the student debtor. What if I co-signed a private student loan for a person, they stopped paying, and I would like to discharge my obligation as a co-signer before the bank?

    Does chapter 7 allow for a discharge of student loan co-signer who himself received no benefit of the student loan? Thanx.

    #2
    Depends, if it is a government backed student loan no you wont be able to. If it is truly a private loan without that backing then yes you can.

    IMO there really needs to be more provision to be able to discharge government backed student loans.

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