June 13th, 2012 by Questions

Hello, my ex wife and I split up over a year ago. It has been finalized in june 2012 in a seperation agreement. She is now thinking of filing for bankruptcy after assuming her share of the debt. She states that the trustee advised her that due to my name being on statements from BMO but never signing anything they will come after me for the money. The trustee stated that bankruptcy over rules the legalized seperation agreement.Is this correct? Her debt is bmo credits cards at approximately 19,000$.

Posted from: Ontario


One Response to “mr”

, A licensed trustee said:

Unfortunately, your separation agree ment was not signed by BMO therefore they are not bound by it. This is a commn problem – what you did with your separation agreement was make a deal with your ex as to who was required to pay off which debts. It is only binding between you and your ex – it has nothing to do with the people you owe money too. If you signed the origbnal debt then they have every right to try and collect form you… Sorry. This is a very common problem.

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