If bankruptcy is I on my ex husband credit

Before you logged on submit bankruptcy protection, you must understand the impact that has such legal action on your life and your finances. For example, you need to understand what effect, if any, a bankruptcy on credit will have your ex-husband. FunctionThe bankruptcy function is to protect of creditors and allow flow or a payment to take care of your debts.TypesThe plan chapter 7 (discharge of debts) and .FeaturesYou chapter 13 (debt repayment) are two most common types of consumer bankruptcy over all debts must declare two to five years to the Court for the continuation of a bankruptcy. This includes any claim, that, to you and your spouse could share a commitment. Despite a divorce, many couples have common debt problems resolve.SignificanceIf this common guilt you declare bankruptcy, as it potentially affects ex husband credit history and the score you. Ultimately be creditors directly with your ex - husband .WarningResolving by bankruptcy debt collection exclusively is a complex process. Therefore seriously consider to represent retaining experienced bankruptcy lawyer, rights and interests in court.