Am I now responsible for all my husband`s debt
August 20th, 2009 by Questions
My ex and I split a few years back, but have not made it legal yet, he filled for bankruptcy in January now I have creditors calling saying all of our debt is my reasponisibility, I have 2 children and am barly makin ends me, is this true am I now responsible for all debt?
Posted from: Ontario
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August 21, 2009 at 6:49 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
You would be responsible for any of the debt you originally signed on. When you sign on a debt you have essentially taken responsibility for the amount regardless. In the case of debts that were signed jointly, this means that regardless of what happens to the other party (i.e. your ex) if he is no longer making any payments you are fully responsible to ensure the accounts are paid as originally contracted. However, if you haven’t signed on anything you would not be responsible.