<prompt> Human: Four years ago, my parents filed for bankruptcy. This didnt really affect me, as all my loans are in my name alone - except for one. My sophomore year of college, I had one private loan to cover the rest of my school year, and my parents had to cosign on it about 4K. I had been making payments on it until they filed for bankruptcy, and I logged online to pay it, and the account said something like claim filed with government - 0 owed. So I say - woohoo! One small loan down, X thousands to go. Fast forward to mid-2014, and my parents 3 year bankruptcy deal is over. I start getting calls from debt collection agencies I dont answer - I just google the numbers I consult with my parents who consult with their lawyer, who says I might have to pay the debt what? thanks for the heads up NOW I check my credit report - nothing. So I ignored it. Until today, when I received a collections letter in the mail. I checked my credit report immediately - I have one potentially negative item, and it is this loan. The status says claim filed with governmentnever late but the comments say transferred to recovery. So will potentially negative change to negative if I ignore this? The personalfinance wiki says that I have 30 days to respond, or a failure to respond verifies the debt automatically. With my parents bankruptcy stuff, I just dont know where I stand in this...am I still responsible for this debt?  <response>: Your parents filed bankruptcy, so theyre no longer responsible for the debt. You did not file bankruptcy, so you are still responsible for it. 