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 i have a joint loan and a joint mortgage		  New Topic  Reply to Topic
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acc
Starting Member



1 Posts
Posted - 10 June 2009 :  12:02:52  Show Profile  Visit acc's Homepage  Reply with Quote
i have a joint loan and a joint mortgage with my ex, he has kept everything apart from the debt which i have been left with, i now have nothing but loads of debt, if i go bankrupt how will it affect my ex with the house and loan, as he has the house and wont take my name off it, so naturally i have already lost the house therefore loosing things that i dont have anyway doesnt really matter to me, but would he loose it?

Jane.l
Average Member

511 Posts
Posted - 13 June 2009 :  11:15:30  Show Profile  Reply with Quote
If it is a joint loan and mortgage then your partner is as much liable for the whole amount as you are.

If you go bankrupt, he would have to keep up the full payments on the loan and mortgage or he would lose the house and be pursued for the loan.
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