Q: i’ve been divorced for 16 years. my ex used land deeds in his name only to secure a sba mortgage loan. i signed only as
my credit was higher. i had no collateral at all to secure loan. can i file chapter 7 to get off of loan. i own nothing live on disability and can’t work..
A:
Yes, you should be able to file for bankruptcy relief to discharge your obligation to repay that loan.
You should however speak to an experienced bankruptcy attorney in Alabama about this plan, as I am somewhat concerned, from what you say, about the creditor's possible argument that your signature on the loan docs was fraudulent. If so, your debt would be non-dischargeable.
Timothy Denison agrees with this answer
A: Yes. You can file Chapter 7.
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