how bankruptcy affects seperated people.
October 5th, 2007 by Questions
My girlfriends ex-husband has accumulated enogh debt that he is claiming bankruptcy. They own a house together but it is just enough to cover the cost of the mortgage. (no equity). They also have a 25000 dollar line of credit that is in both of their names.
My question is this, will his bankruptcy affect her good credit rating and will she be responsible for the entire amount of the line of credit.