matilda
(Pooh-Bah)
07/08/07 09:21 PM
Re: Bankruptcy game

If he files bankruptcy on a joint CC then the creditors may come after you for the entire amount. Is it possible for him to get the CC put in his name solely? The CC company would have to agree to release you of any liability and send you a letter. If by chance they release you, make sure you KEEP that letter for 10 years. When I divorced my EXH I was released, but it shows up on my credit history when I applied for a mortgage. Fortunately I still had that letter and showed it to the mortgage company so it didn't count negatively for my loan.


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