Check your divorce paperwork. Usually, there's a provision within the decree stating that any financial obligations- such as alimony or child support- are still valid claims when a bankruptcy is declared. If your lawyer didn't do his/her homework and there is no such provision, you stand in line with the ex's other creditors.
I am not giving legal advice and nothing in this posting should be construed to be legal advice, but it is my understanding that when one ex-spouse files bankruptcy on a mortgage, the mortgage lender usually doesn't care so long as the other ex-spouse maintains payments. This doesn't mean that your particular mortgage lender will agree. Please understand that I am not suggesting any course or action or inaction, I am simply relating what my understanding is, which may or may not be accurate in your jurisdiction
I don't think there is much you can do except give your ex morale support as they are not legally tied to you so therefore you are not responsible for any debts that your ex has accumulated ever since the break up.
Yes, you are not required to be unemployed to declare bankruptcy.
No
Generally..if you're renting a home and do not owe any back rent than you can stay in the home..especially if you have a lease but if you are behind in rent than you can declare that debt in bankruptcy but it is up to the landlord whether or not he/she wants to let you stay.
You can declare bankruptcy due to credit card debts, yes.
It is necessary to declare bankruptcy when a person cannot afford to continue paying for bills and other things they need. A person may declare bankruptcy if their business is not making any money.
It takes seven to ten years after you initially declare bankruptcy for it to drop off your credit report, and you really should wait at least 1-2 years after that to declare again I hope that helped.
he goverment
Yes
In 1933
wanna do city
While not opening new credit is generally the best move for you while you are trying to get .Nobody wants to declare bankruptcy, and it is true debt management Once you have enrolled in a debt management plan, and if you let your debt debtredemption.
No. You do not "declare bankruptcy" ON anything. You declare bankruptcy when you cannot pay your bills as they come due. You must list all your assets and all your debts. What happens after that depends on which title you are filing under, chapter 7, 11, 12 or 13.