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How are cosigned or guaranteed debts handled?

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How are cosigned or guaranteed debts handled?

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If a cosigned or guaranteed consumer debt is being paid in full under a Chapter 13 plan, the creditor may not collect the debt from the cosigner or guarantor. However, if the debt is not being paid in full under the plan, the creditor may collect the unpaid portion of the debt from the cosigner or guarantor.

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