November 22nd, 2012 by Questions
If my husband decides to declare bankruptsy and we are joint in most of the debt, do I end up inhereting more debt than him.
Posted from: Ontario
November 22, 2012 at 9:22 pm, A licensed trustee said:
I am sorry, but if your husband declares bankruptcy then you become 100% responsible for all of your joint debts. You can’t be hgeld responsible for anything that was just in his name, but everything that has both your names on it will be yours to deal with.
Log in to Reply
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.