Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - How will filing bankruptcy with a co signer on my student loan work? - We were just notified that my husband's student loans are delinquent. Long story. They are private student loans and most of them he took out before I met him. His father is the cosigner. The amount of money we have to pay back is over 100,000.00 and we are already a struggling one-income family. IF we were to look into bankruptcy, would the private loans automatically transfer to the co-signer like it would a mortgage? Or is there another way? I'd appreciate any tips. -