Can my husband refinance a loan to his name without it affecting my bankruptcy?

Asked on Jun 28th, 2011 on Bankruptcy - Virginia
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My husband and I have a motorcycle loan. I am filing bankruptcy not him. However I am a cosigner on the loan. Can he legally refinance it into his name without it affecting my bankruptcy?
Answered on Jun 30th, 2011 at 11:14 AM
If you are a co-signer on a loan and have filed bankruptcy you cannot re-finance the loan without permission from the bankruptcy court and the lender.

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Answered on Jun 29th, 2011 at 9:58 AM
Probably not, without court approval. Possibly, with court approval. The details of the case that you did not tell us could change the answer. This is a question that you should run by your lawyer, as the answer depends on your case.

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Answered on Jun 29th, 2011 at 8:57 AM
Depends on the timing and the reason. If too close to filing, not a good idea. Check its value vs what you can exempt. It may be free from creditor' reach as is.

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