I'm a co signer on my sons student loan.

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Do I receive the same credit reporting benefits if the loan is paid on time? After a recent Chapter 7 I am guessing this loan looks good on my account and will rebuild my credit.

Attorney Answer

1
Joshua Cohen ·
You get the same benefit, but the loan is usually not in good standing after a Chapter 7. Most private student loans default upon the filing of bankruptcy.
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