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Answered 2006-08-25 02:29:50

1st-- verify that you were not included in the bankruptcy--I've seen plenty of spouses that thought they did not go bankrupt but did. Signatures were requested by the attorney for certain paperwork--you signed without paying too much information---later you might find out you had been included in the bankrupcy. 2nd--if you were included in the bankruptcy and it was done jointly. Then that would answer your question about the car. The lender can't contract you because of the bankruptcy. Now, if you were not included in the BK and you are sure that you signed the promissory note on the car, then you should call the lender and ask for a detailed letter as to what happened with the account. You need to know that you might be opening a can of worms but it is either now or someone calling you later on this! You might find that when the car was sold, there was enough money to take care of the balance and any repo fees--so it is paid off. Or you might find that there is a deficit balance that has to be taken care of. (the car didn't sell for enough and there still a balance due) Make arrangements with the lender to pay off the balance -- see if they will re-write the balance as a brand new loan so that you can pay installments and get this reported as a good account on your credit report. You may have to do some explaining on your credit for the account that shows up as a repo. You can request that a quick explanation be added to the repo account on all 3 credit reporting agencies.

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Can my house be repossessed if my husband is madebankrupt but is not on the deeds?

Your husband's name is not on the deed, but is he on the loan? If yes, then it cannot be foreclosed and repossessed if the property is listed on his bankruptcy filing, and, as long as his bankruptcy payments are current. If he defaults on bankruptcy payments, then you can lose the property. If he is not on the loan, then your house can be foreclosed and repossessed.

If someone cosigned a car loan for her husband and he couldn't pay and filed bankruptcy and she couldn't pay either would she have to file bankruptcy?

well if your husband is in bankruptcy they are not allowed to repossess the car as long as he is the one in possession of the vehicle, if they do repossess the vehicle you will have a pretty good lawsuit to hand them, if the car is repossessed or actually when , it will show up on both of your credit. so I have a website to help you we have repossession consultants that can help with your situation I STRONGLY RECCOMED YOU TRY IT.

If you cosigned on a car loan and car was repossessed 5 yrs ago and now the creditors are harassing you but you don't work and have no way of paying can your husband be held liable if he did not sign?

The spouse cannot be held liable, however it is quite possible that the debt is no longer valid for collection. The person who cosigned the loan should find out what the SOL is in the state in which the contract was signed.

If you cosigned for a vehicle with your husband before you were divorced and are now divorced and the vehicle is repossessed can you be charged with grand larceny?

No, repossession is a civil action not a criminal one. You can be held financially responsible for the debt, though, regardless if the divorce petition states otherwise.

Your recently deceased husband cosigned a home equity loan for your son Are you liable for the loan?

No just return the moneies

Can you lose your house if your husband files for bankruptcy?


When did Clinton declare bankruptcy?

If you are referring to Hillary and Bill Clinton, neither of them have, singly or as husband and wife, ever filed for bankruptcy.

Is step mom responsible for stepsons car loans after husband dies?

The stepson should be the one responsible for the car loan. If your husband cosigned on the car loan, then you need to contact an attorney on this one.

Your husband is co-owner of a lake home in MN with his sister She lives in FL and her husband is filing bankruptcy Chapter 7 Is the lake home safe from his creditors?

As long as the land is owned solely by your husband and his sister then it will not be affected by her husband's bankruptcy.

You cosigned on a loan without mu spouses knowledge - Have you rished his business?

You are responsible for co signing the loan. If you are partners with your husband in his business, have a loan together on the business, then yes, the business becomes an asset that could be attached if the loan you cosigned on should be defaulted on.

can i file bankruptcy without my husband in the state of idaho?

You can only file bankruptcy without a spouse in cases where the debt is yours only. For example, if you have a credit card that is in your name only then you can file without your husband.

My dad cosigned for my husband 2 yrs ago on an auto loan Husband abandoned family and is not making payments as his wife can I take possession of the vehicle so my dads credit is not ruined and i pay?

No, but your father can, and then he can turn the vehicle over to you for you to register. If your father is not able to take possession of the vehicle, it would be best for him to contact the lender and provide any location information of the vehicle. Notify the lender that in the event it is repossessed that he has the desire to redeem it, but you will likely need to bring the balance current.

Can a mother and daughter file bankruptcy jointly?

the answer is yes, Yes mother and daughter can file bankruptcy jointly and also you and your husband will file bankruptcy jointly is still accepted as long as its not same sex marriage.

If your husband files bankruptcy can they take the wifes' possessions?

It depends on that State's laws, but usually, if the wife is not a co-signor on any of the debt's that the husband is filing, she is exempt. To be on the safe side, check with the bankruptcy lawyer filing the petition.

If you add your wife who has a discharged bankruptcy 4 yrs ago to your credit card can hurt the husband's stellar credit score?

Yes. But not as much as if the husband did the bankruptcy.

Your husband just told you that your combine was reposessed at Christmas but did not tell you till May what can be done?

Well, you can go to the local Ford-New Holland dealer and see if they can finance a new one for you. As far as can you do anything to get it back, that is up to your lender. Can anything be done to the husband? Nope. It was repossessed. Does not matter when or how (unless repossessed illegally).

If your husband filed Chapter 7 and did not include the car in which you are co-borrowers will you be held liable if the car was recently repossessed if you live in a non-community state?

Secured debts are not dischargeable in bankruptcy. As a co-borrower or co-signer you are equally responsible for the debt even though you do not reside in a CP state.

How can you split the house or equity in the house if your husband is in bankruptcy 13 at the time of divorce?

Generally, Home Equity up to $150,000 is exempt from a bankruptcy if the property is HOME STEADED.

Your husband is filing bankruptcy and told you he will file on the house it is in both names can he do this without your permission?


How do I find out if my husband cosigned for a car loan?

You are between a rock and a hard place regarding the loan if he will not give you the information about the loan. The loan will also show up on his credit report, but you may not have access to that, either.

If you are getting a divorce and your husband cosigned for someone who pays?

The husband, solely. Provided that his signature is the only one on the documentation as being the cosigner. If the wife's name also appears on that document, then both parties are responsible for the debt should the first payee default.

Are you responsible for a Sallie Mae loan that your husband cosigned with his daughter if your husband dies ans his daughter is not paying?

It's difficult to say without more details. You should probably talk to a lawyer. The basic principle is that you personally may not be, but his estate probably is.

You bought 2 motorcycles on your wifes creditcard can they get taken away if the husband files for bankruptcy?

They are as good as gone.

If you are in a chapter 13 bankruptcy can you still get a dissolutionment or a divorce from your husband?

Yes, they are two separate legal issues.

Can your ex-husband prevent you from filing for bankruptcy?

No he can't. Go find yourself a good attorney.