2016 New York Laws
DCD - Debtor & Creditor
Article 3 - (Debtor & Creditor) INSOLVENT'S DISCHARGE FROM DEBTS
57 - Effect of consent where petitioner is a joint debtor.

NY Debt & Cred L § 57 (2016) What's This?

57. Effect of consent where petitioner is a joint debtor. A creditor's consent does not affect his remedy against any person or persons indebted jointly with the petitioner; and the petitioner's discharge has the effect, as between the creditor and the other joint debtors, of a composition between the petitioner and the creditor, made as prescribed in title one of article fifteen of the general obligations law.


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