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Author:		Lynda
Date:		August 22, 1999
Question:		My boyfriend is newly divorced and might declare bankruptcy, as his ex-wife racked up a lot of bills under his name. Is she responsible for these bills in whole or in part, even if her name isn't on them?
From:		Shane Brenneis, Collins Barrow Limited
Date:		August 23, 1999
Answer:		A second person is can be held responsible for the debt in a couple of different ways: if they signed or cosigned the loan document if they guaranteed the debt for someone else. if they signed for a second credit card if a second credit card was sent in their name and they started using it if they have a joint bank account and it is in overdraft If your boyfriend files bankruptcy, this will stop the collection against him. If his ex-wife is responsible for the debt, they can proceed after her. He should contact a Trustee in your area by looking in the yellow pages under "Bankruptcy" to obtain a free assessment of his financial situation. If you have any further questions or if he wants to come in for a free assessment to our office, please call or email me using the information below. Shane Brenneis phone: (403) 298-1575 sbrenneis@collinsbarrow.com