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bankruptcy

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TNT Guest	Posted: Thu Jan 27, 2011 9:57 am    Post subject: bankruptcy Like 0 Dislike 0 My husband and I are separated he owns a house with my name on it and I own a house with his name on it. He is claiming bankruptcy and I'm not, how does this effect my credit, my house and me altogether???? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
jameshogg Joined: 20 Dec 2005 Posts: 10460 Location: Nevada 987.57 Dollars($)	Posted: Thu Jan 27, 2011 7:35 pm    Post subject: Like 0 Dislike 0 Hi TNT, Your credit won't be affected though your husband files for bankruptcy. However, if both the houses have mortgages on it in joint names, then you will become liable for paying them as your husband will receive a discharge from it. Thanks

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