QUESTION

Marital dept

Asked on May 22nd, 2016 on Bankruptcy - Michigan
More details to this question:
Can one spouse file for bankruptcy for all the marital dept that has been acquired during the marriage? Now that the marriage is over.
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1 ANSWER

Administrative Law Attorney serving Ann Arbor, MI at David J. Hutchinson
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This is a very difficult and complicated area, and you should get the advice of a good attorney knowledgeable in both divorce and bankruptcy. If you are divorced already, a bankruptcy can lead to the discharge FOR YOU of debts that may have been marital. IF you r ex-spouse also owed these debts, he or she will still owe them; your bankruptcy will not discharge them. In addition, the divorce Court may determine that you owed it to your ex-spouse to pay some or all of those debts, depending upon other factors and the wording of the Divorce Judgment, and, if so, while you won't owe these debts to the third party any more, you will be required to effectively hold your ex-spouse harmless, which may mean that you will have to pay them anyway. Good Luck.
Answered on May 23rd, 2016 at 6:04 AM

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