Will filing for bankruptcy affect my spouse’s credit?

Filing for bankruptcy can affect your spouse’s credit if the two of you share any debts.  This means that if the two of you have cosigned a loan or similar debt that has not yet be paid off, then you both hold a joint debt and are both held responsible for it.  Therefore, if you file for bankruptcy, it will show up on your spouse’s credit report.

If you would like to learn more about bankruptcy, contact Birmingham bankruptcy lawyer Paula Greenway today by calling [phone-number].

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