If you file for bankruptcy, it'll just eradicate your responsibility to pay back your creditors. But not your co-borrower's.

Few years back one of my friends and I co-borrowed a credit card. Now she and I are no longer in touch. I used that card to launch a medical shop in our locality and couldn't realize at that time that she would also be responsible. I am filing for bankruptcy now and want to see if she has any protection.

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No, the co-borrower agreed to take the responsibility to pay off the amount. However, if you file for bankruptcy, it'll just eradicate your responsibility to pay back your creditors.
 


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