My spouse is the primary credit card holder, and I have a secondary card in my name on the same account. If he declares bankruptcy, am I responsible for repaying the debt? Do I have to declare bankruptcy myself? How does it work?
You should check with your credit card issuer to see if you are also responsible for the account.
Questions reliées
- Hello I filed a consumer proposal over two and a half years ago. In the TransUnion file, the proposal is identified as "Bankruptcy (Proposal)". What does that mean?
- Hello, In January, I received a notice from a law firm demanding $2,600 from a bank for an outstanding credit card balance of $3,382. I made the payment, received my release letter, and the card was closed. What happens to the remaining balance of $782? Do I have to repay it, or does the $2,600 offer from the bank, which I accepted, close the case permanently?
- How can one successfully rent a property after bankruptcy when landlords require a credit check?
- I am currently bankrupt for 21 months. After how long can I apply for a credit card to reinstate my name?
- I am married and we bought a house together last year. We own a company, and for the past two years, we have been accumulating debt, both company debt and personal debt. We are considering filing for company bankruptcy, and my husband is also considering personal bankruptcy. If my husband files for bankruptcy but I don't, will we be able to keep the house since it is in both our names? My husband is also the primary cardholder on a credit card, and I also have a card on that account. If he files for bankruptcy, am I responsible for that account even though I am not the primary cardholder?