Question: To settle community property with my ex-, am I responsible to pay for half of Ch. 13 bankruptcy that's in his name only? Question Detail: About to go to court in a week and no lawyer I have spoken to knows about bankruptcy. I need good guidance and quickly. My ex did bankruptcy in his name only on a lot of debt we both incurred. I won't mind paying half of it but he owes me back child support and medical on our kids. I read that I am responsible for the debt if he quits paying on his Chapter 13 note. *- I do not practice in a community property state and therefore can give no advice regarding that; however, you should be sure that you file a claim and/or appear at his MEETING OF CREDITORS to be sure he has listed the child support on Schedule E (unsecured priority creditors). Also, secured debt (like a mortgage or purchase-money car loan), isn't discharged in bankruptcy. If the intent is to surrender the property (which must be clearly stated on the DEBTORS STATEMENT OF INTENTION) to the secured creditor, then any deficiency can be discharged. However, if he keeps title to the property and the property is otherwise exempt, then you would both be responsible for the secured debt. Regardless, if he defaults, you are still liable for the entire amount.*
Answered on Nov 02nd, 2012 at 11:18 PM