Asked 2/19/2008
|
Is anyone familiar with bankruptcy law? I know of someone who is going through a divorce. Her soon to be ex was managing their local business (store) and now she just found out he filed a chapter 7 bankruptcy without her. Where will this leave her now? Will the creditors go after her for the money or will the debts be discharged for her as well even though she didn't file jointly with him? |
Answer 1/2 - Submitted 2/19/2008
Answer 2/2 - Submitted 6/17/2008
The only way the creditors will go after her is if the ex filed on debts that were co-debted with her. If she was not a co-debtor/co-signer, they have no right to collect from her unless there are some medical debts that were incurred during the time they were married. Other than that, she should be OK. If he receives a discharge of his debt, that does not relieve her from any liability on any debts that she is a co-debtor on. The discharge pertains only to him, since he is the only one that filed the bankruptcy.
Type your Answer in the box below and post your answer.
I know student loans are rarely discharched in bankruptcy unless it would cause undo hardship to repay or if the loan went into default 7 years prior to filing for bankruptcy, both of which apply to me.
My husband is filiing for bankruptcy. i am not. i may be receiving an heritance, possibly before the discharge or soon after. will the inheritance have to be claimed to pay back his creditors if it's within the 180 days from filing? he will not be filing any joint debts.
My ex husband is filing for bankruptcy we had no joint debt and he owns the house which i have moved out of. we are filing seperately for taxes. we had an agreement before he decided to file for bankruptcy to split any tx refund or tax debt. he is now telling me that the court might take his refund...
|
Will filing bankruptcy prevent my tax refund from being taken even if only temporarily.? I know student loans are rarely discharched in bankruptcy unless it would cause undo hardship... |
|
If i'm not filing for bankruptcy, only my husband. will my inheritance be affected? My husband is filiing for bankruptcy. i am not. i may be receiving an heritance, possibly... |
|
Ex husband filing for bankruptcy My ex husband is filing for bankruptcy we had no joint debt and he owns the house which i... |
|
If you file for bankruptcy what, if any, tax implications are there? If someone is filing for bankruptcy, are you taxed on the property that you claim in the bankruptcy,... |
|
How do you do a self bankruptcy filing? So since you can file bankruptcy for yourself, how do you do it? it has to be done in exactly... |
|
What is a quitclaim when filing for bankruptcy? I am filing for chapter 13 bankruptcy? |

Ask A Question
Ask a new question about
Bankruptcy: