Spouse’s Bankruptcy Affecting Your Credit in Georgia

Watch this video to learn about a spouse’s bankruptcy affecting your credit in Georgia. Call Hall & Navarro today.

Question:

If my spouse files a bankruptcy, will that affect my credit if they have a lot of debt but I do not?

Answer:

An interesting Spouse's Bankruptcy Affecting Your Credit in Georgiaquestion that many people ask is whether a spouse filing for bankruptcy would affect their credit report. The quick answer is no, but it’s a big if, really. If you are jointly liable with your spouse on any debt, of course, it would affect your credit if the debt is not paid currently. If your spouse were to file bankruptcy and you had jointly owned or jointly obligated debt with your spouse, you would want to make sure that you continue to pay that debt currently or it would show up on your credit report as a delinquent payment. It would not show as if you are personally filing a bankruptcy but it would show up as a ding on your credit, if in fact the payments were not made current. If you had questions concerning your spouse’s filing of a bankruptcy and how that would affect your credit, please give our office a call.


Are you or a loved one in the process of filing for bankruptcy in Georgia and have questions about your spouse’s bankruptcy affecting your credit in Georgia? Contact the experienced Georgia bankruptcy attorneys at Hall & Navarro today for a consultation and case evaluation.

We can help get your life back on track.

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