mortgage

March 17th, 2008 by Questions

hi my ex husband and myself have a mortgage that was foreclosed upon and we owe 20,000 if I file for bankruptcy will the debt be completely erased or will it be just my name coming off the mortgage

Questions

One Response to “mortgage”



, Barton Goth GCO Bankruptcy Trustees said:

If you file for bankruptcy and have a joint debt that relates to this mortgage shortfall then the debt will be erased in your name. However, your wife will still be responsible for it. The only way it can be erased from both of your names is if you both file a bankruptcy or a proposal.

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.)