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Does a second card holder have to claim bankruptcy too?

If my husband is the second card holder on my visa does he have to claim bankruptcy too?

Posted from: Saskatchewan

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One Response to “Does a second card holder have to claim bankruptcy too?”

Jillian Taylor-Mancusi, Trustee | B.A. | C.I.R.P said...

It would appear that he would be liable for the unpaid balance on your visa (notwithstanding that you may have gone bankrupt). Whether this debt together with his other circumstances justifies filing an assignment in bankruptcy depends on his specific circumstances.