Full question:
I was divorced over 15 years ago. Before we new we were going to split, we bought some furniture, it was me that signed the papers, although it was my husband who was making payments because I was not working at the time. He filed bankruptcy and this furniture was not included in his bankruptcy and now 15 years later collection is coming after me. Do I have to pay this debt?
- Category: Debts and Credit
- Date:
- State: California
Answer:
Typically, the person who signs the finance agreement is responsible for the debt. Your liability may depend on the property division in your divorce and if your husband agreed to take on the loan or was a co-signer. If he did not assume the debt, you may still be liable for it.
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