I compensated my ex-partner with $25,000 for the house and furniture when we separated. At that time, she had no debts. Now, six months later, she has no money left. She bought two vehicles, one of which she borrowed $10,000 for. She has no income and has to pay $700 a month in rent as well as the car loan. If she continues like this, she will have to declare bankruptcy. Should I be worried about the things I bought for her?
If the amount you paid represents the value of the goods she transferred to you, then no.
How she subsequently uses that money is not your responsibility.
How she subsequently uses that money is not your responsibility.
Questions reliées
- A month before our separation, we bought a boat using a joint line of credit. My ex kept the boat, which means I still have a loan in my name that I have no control over. What are my options for removing my name from the joint loan?
- A year ago, I signed a car-sharing agreement with my ex-partner. We have since separated, and I have experienced significant financial difficulties and am planning to file for bankruptcy. Given my inability to pay for the car, can I include it in the bankruptcy proceedings? If my ex is ultimately held responsible for the car, can he take legal action against me and demand payment or anything similar? The car payments haven't been made for four months, and it will soon be repossessed by the finance company.
- Are the monthly bankruptcy fees the same for everyone, or do they depend on income? Also, if my spouse and I both want to file for bankruptcy, will we have to pay twice or only once? We have joint debts and each have personal loans. How does this work in that case?
- Does a protection clause also apply to a tax/government debt if I inherit during or before bankruptcy proceedings? And if the death of the person leaving an inheritance occurs before bankruptcy but bankruptcy proceedings have not yet begun? Is that inheritance still subject to seizure?
- Does marrying someone who is personally bankrupt (not discharged) make me responsible in any way or affect me personally?