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ex-wife bankruptcy

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

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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.