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Podcast: DebtMatters Podcast
Episode: 75 - What Happens to My Debt if My Spouse Files Bankruptcy?
Description: Debt problems can cause stress in any relationship. But what happens when one partner files for Bankruptcy? How does it affect the other? To understand what happens to your spouse’s finances, first it is important to know what the difference is between personal debt and joint debt. As a Licensed Insolvency Trustee, Amanda Sherwood, helps couples navigate insolvency, as each family situation is unique. In this podcast find out:What happens to your spouse’s/partner’s credit score when you file BankruptcyWhen you get married are you marrying your partner’s debt also?The benefits and drawback...