Posted on: 09th Dec, 2012 11:11 pm
Hi there… I will go through divorce in the near future. There is around 40k in my Student Loans, around $45k in credit card debt, and 2 mortgages both have renters and both of us want to sell it off. So far nothing has been divided in court yet. I am pretty sure I want to try and file BK7 after the divorce. Currently I’m unemployed living on $800 of unemployment. My ex is giving me no money. He makes around $125k a year. My score is around 530-600. Do you have any advice as to what I should be doing NOW? What debt would be the best for me to take in the divorce?
Hi Guest,
You will be liable for your student loans. As far as other debts are considered, you can get a discharge form them when you file bankruptcy.
Thanks,
Jerry
You will be liable for your student loans. As far as other debts are considered, you can get a discharge form them when you file bankruptcy.
Thanks,
Jerry
Hi Guest!
Welcome to forums!
Yes, I agree that student loans won't get discharged in your bankruptcy filing. As you have no employment, it will be better to let your ex handle all the debts after you get a discharge from your bankruptcy filing.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Yes, I agree that student loans won't get discharged in your bankruptcy filing. As you have no employment, it will be better to let your ex handle all the debts after you get a discharge from your bankruptcy filing.
Feel free to ask if you've further queries.
Sussane