joint debts Archives

Co-signed debts get tougher if your co-signer challenges the discharge of your obligation to him or her, or if the debt isn't dischargeable.

If you have a co-signed debt, you may have two separate sets of concerns. Those having to do with your common creditor, and those with co-debtor.

If you can't or won't pay a co-signed debt, or pay a co-signer, you need to protect yourself from that debt and from your co-signer.

If protecting your co-debtor from having to pay your debt is a high priority, Chapter 13 has a remarkable tool for doing that.

You may not need to file bankruptcy without your spouse to prevent her or her asset(s) to be liquidated.

You can file bankruptcy without your spouse, but the question is whether that's the best choice.

You and your spouse may need the extraordinary benefits of Chapter 13, but things get awkward if your marriage ends before the case does.

Your ex-spouse's bankruptcy filing seldom helps you, even if it writes off a joint tax. But your own Chapter 7 or 13 can help you directly.

You're usually completely liable on jointly filed taxes, regardless of a divorce decree saying youâre not. But the IRS may give you relief.

If you and another person are jointly obligated on a debt, and you canât pay the debt, you need to prevent the other person from pursuing you.