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T O P I C R E V I E W
ac7
Posted - 04 May 2009 : 14:00:59 if i delcare my self bankrupt what happens to the joint debts
1 L A T E S T R E P L I E S (Newest First)
Niobe
Posted - 04 May 2009 : 14:44:11 Hi,
The debt would be included in your BR, but your partner would become liable for the whole of the debt as you are jointly and severally liable for it.
He/she would have to continue to make the payments or come to an arrangement with the creditors to pay it off at a lesser rate if they cannot afford to make the full payments.
