What to do if my ex-wife and I have had a judgement placed on our separate bank accounts for a debt that we incurred while together and she plans on filing for bankruptcy?
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What to do if my ex-wife and I have had a judgement placed on our separate bank accounts for a debt that we incurred while together and she plans on filing for bankruptcy?
I don’t want to do that. Even though I am out of work and on unemployment I will do my best to make arrangements to pay this debt. Am I responsible for the entire amount if she claims bankruptcy?
Asked on November 7, 2012 under Bankruptcy Law, California
Answers:
eric redman / Redman Ludwig, P.C.
Answered 12 years ago | Contributor
the creditor has the right to collect it all from you. if the funds in your account are only from unemployment benefits you should cliam them as exempt in the court proceeding because Indiana law says those are protected.
bankruptcy will eliminate this debt and others you may have and give you a fresh start.
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