ex-wife bankruptcy

November 8th, 2011 by Questions

If my ex-wife files for bankruptcy and we have a line credit with both our names on it what happens to it? Do I have to pay all of it or is it reduced in half since she is going bankrupt?

Posted from: British Columbia


One Response to “ex-wife bankruptcy”

, A licensed trustee said:

Unfortunately, you are likely “joint and severally liable for th debt”. That means if your ex files for bankruptcy you will be held responsible for the entire debt.

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