Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does a Chapter 7 discharge effect the liability of other parties who may be liable to a creditor on a discharged debt?

April 26, 2017chapter 7 Creditor debt Discharge discharged liability liable Parties

0

Posted

Does a Chapter 7 discharge effect the liability of other parties who may be liable to a creditor on a discharged debt?

1 Answer

0

Posted

A Chapter 7 discharge releases only the debtor. The liability of any other party on a debt is not affected by a Chapter 7 discharge. The only exception to this rule is in community property states where the spouse of a debtor may also be released from certain community debts.