<prompt> Human: My wife has been advised by her attorney to consider bankruptcy for herselfstopped paying her CC and ignored all calls from the bank for over a year. Ya I know saying that it wouldnt affect me. We own a house together and Im a co-signer on her car, the car loan will be paid off in Oct. Is this true and will it in any way affect my credit score.  <response>: If you are the co-signer on the car, I think you end up paying that debt. Her bankruptcy doesnt erase the obligation of the other co-signers, which is one of the reasons we so often suggest NOT co-signing. 