Legal Question in Bankruptcy in Tennessee
joint accounts
If you file chapter 7 and you have joint credit card accounts with a relative but not your spouse will the debt be discharged and will it show on their credit report.
Asked on 12/05/99, 8:10 am
1 Answer from Attorneys
Daniel Press
Chung & Press, P.C.
Re: joint accounts
Your liability on the debt will be discharged, but not the co-debtor's liability. The bankruptcy will not be listed on the relative's credit report per se, but there may be reference to a co-debtor's bankruptcy with respect to those accounts.
Answered on 12/08/99, 9:27 pm
Related Questions & Answers
-
Chapter-7 I rent a furnished trailer to a tenant who just filed for chapter 7... Asked 5/25/99, 10:05 pm in United States Tennessee Bankruptcy Law