Legal Question in Bankruptcy in California

My ex husband filed for chapter 7 bankruptcy. When we were married we financed a car and a jet ski together. Is this negattively going to affect my credit?


Asked on 11/17/09, 11:07 pm

1 Answer from Attorneys

David Gibbs The Gibbs Law Firm, APC

It may. Depending upon what he plans to do with the car and jet ski (assuming they are in his possession), if he surrenders them in his bankruptcy to get out from under the debt, then yes, your credit will reflect that the debts were discharged in bankruptcy, OR worse, they will come after you for the unpaid balance on the loans. Your only other option is to recover the assets from the ex-husband, and begin making payments. If he is going to reaffirm those debts (agree to pay them post-bankruptcy), then you may not be adversely affected. Call his attorney and find out what he plans to do with those loans and assets. Conversely, you may want to retain a bankruptcy attorney to investigate your ex-husband's case and determine if you need to take any legal action in the case.

*Due to the limitations of the LawGuru Forums, The Gibbs Law Firm, APC's (the "Firm") participation in responding to questions posted herein does not constitute legal advice, nor legal representation of the person or entity posting a question. No Attorney/Client relationship is or shall be construed to be created hereby. The information provided is general and requires that the poster obtain specific legal advice from an attorney. The poster shall not rely upon the information provided herein as legal advice nor as the basis for making any decisions of legal consequence.

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Answered on 11/24/09, 10:59 am


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