My ex-spouse has filed bankruptcy and listed me as a co-debtor on a debt. Does my divorce decree protect me from having to pay?
Not necessarily. If you are liable with your ex-spouse on a debt, you should talk to an attorney for a thorough explanation of your rights and obligations, as soon as you find out your ex-spouse has filed a bankruptcy petition. Some of the provisions dealing with obligations from a dissolution of marriage proceeding are found at 11 U.S.C. 523(a)(5) and (15), be mindful or the corresponding deadlines for filing complaints relating to certain obligations arising from a dissolution of marriage. Click here to view Section 523.
Related Questions
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- My ex-spouse has filed bankruptcy and listed me as a co-debtor on a debt. Does my divorce decree protect me from having to pay?
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