In some cases, the bankruptcy court may order the co-buyer to surrender the vehicle to the lender, even if the primary borrower is not in bankruptcy. This can occur if the bankruptcy court finds that the co-buyer's bankruptcy has caused the lender to suffer a financial hardship.
If you are a co-buyer on a vehicle loan and your co-buyer has filed for bankruptcy, it is important to speak with an attorney to discuss your rights and options. An attorney can help you understand the bankruptcy laws in your jurisdiction and can represent you in court if necessary.