Q: How will exes bankruptcy affect me?
My ex husband is considering bankruptcy and is still on my mortgages but has not paid anything in over a year. I pay all mortgage, but he's still on deed too. How will his bankruptcy affect me.
A:
Unless he reaffirms the mortgage, which his attorney will likely advise against, he will no longer owe on the mortgage. Thereby, leaving you the only one. However, he will still own his share of the property, and if foreclosed, will be included as a party to remove his name.
On a more upbeat note, after he finishs the Bky, he will have less debt and could be ripe for an increase in support.
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