Welcome to the first radio show with Jeff Kelly featuring guest Patrick Matson. Today we debunk the fears surrounding bankruptcy and ensuring that your bankruptcy experience is one that goes smoothly. ...
...
Transcript: Hello, this is Jeff Kelly. Today is January the 29th 2021. And in today’s podcast, I want to answer the question, how will filing bankruptcy affect your cosigner? The short answer is you filing bankruptcy will damage your co signers credit, how much damage? The answer is, you’re not going to know until after you file. Most bankruptcy attorneys are not going to answer this question for you. I recently engaged in a Facebook conversation on this topic with fellow consumer bankruptcy attorneys from all parts of the United States and I received some really good feedback. And I really appreciate the very open and honest answers I got from a lot of people. And, you know, one attorney explained that they just avoided this topic altogether with their clients by asking by stating that, hey, look, I only represent you and I don’t represent your cosigner, I’m not going to talk about it. And the reason they do that is they’re trying to basically avoid the subject. Because a lot of people if they knew the truth, that it was going to hurt their cosigner, they, they either might not file bankruptcy at that time, or might try to work something out. Now, personally, I believe honesty is the best policy. When a client comes in and meets with me or one of my associates, we are upfront we tell the truth. It is a core value of this law firm. And I believe it’s something that really separates us from a lot of others if you don’t need to file bankruptcy. Number one, we’re going to tell ...
