debt






 

Question by  tmharshan (27)

If 2 names are on the mortgage bankruptcy, who is responsible?

 
+8

Answer by  patti (29325)

If both parties file bankruptcy, the debt is discharged or restructured, depending on the type of bankruptcy and both parties are responsible.

 
+5

Answer by  Roland27 (16334)

If you filed jointly then you both are. If you are filing for the debt YOU OWE, assuming the second person is caught up with payments, then you are solely responsible for your share of the debt.

 
+5

Answer by  Shankalot (484)

If there are two names on a mortgage and there is a bankruptcy, both individuals are responsible for the debt.

 
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