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harrysgrill · Joined: 18 Nov 2009 Posts: 1 1.32 Dollars($)

Our divorce papers state that our house was to be sold and the money would pay off all debts contributing to the home. I left the state and he never sold the house and it went to foreclosure. He is now filing bankruptcy. I heard that all that debt will be put into my name if I don't file as well. What do I do?

smithsussane · Posted: Wed Nov 18, 2009 7:49 pm Post subject:

Hi harrysgrill!

Welcome to forums!

You will have to check out whether or not the property has been foreclosed. If the property has been foreclosed and sold off at the auction, then the lender can only ask you to clear off the deficient amount resulting from the sale. If you do not pay it, then he can send it to collections.

As far as filing bankruptcy jointly is concerned, I would suggest you to take the opinion of a bankruptcy lawyer. He will help you in taking the right decision.

Feel free to ask if you've further queries.

Sussane

rita2 · Joined: 23 Apr 2010 Posts: 286 51.03 Dollars($)

Hi,

You said that in your divorce paper it is mentioned that your house needs to be sold to pay off all debts contributing to the home, so if after selling also if anything deficient amount is left, you are also responsible to pay that off. Regarding bankruptcy, even if it is not jointly, then also you are responsible for the debts. Consult a good lawyer to get detailed information.

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My ex husbnad is filing bankruptcy.