Q: My husb wants to claim bkr. We are sep for over 4 yrs.with me still here. Home in both names. How will this affect me?
A: Your husband's bankruptcy filing will not affect your liability on joint debts. However, your credit report may mention that the co-debtor filed for bankruptcy on the account. If you continue to pay your obligations, the creditors will continue to accept your payments. However, if you had a joint credit card, you will likely lose your charging ability and will likely lose that account.
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