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| Author: |
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Rebecca |
| Date: |
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March 7, 2005 |
| Question: |
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My ex-husband and I have been divorced for 5 years, 9 months. I recently found out he filed bankruptcy (about 3 months ago) on an unsecured credit card that was held jointly when we were married. In the divorce decree it states he was to be responsible for the debt; however, I've heard since we were both card holders the credit card company could come to me to collect this debt. Is there a statue of limitations that might have expired since he did make the payments for 5 plus years or should I expect to have my savings cleared out with no notification? Thanks for your advice.
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From: |
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Ann Clarke, Alger & Associates Inc. |
| Date: |
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March 8, 2005 |
| Answer: |
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The Statute of Limitations may apply but you'll need to ask a lawyer about the time period. Before a bank scoops your account they should be notifying you of the debt and asking you to pay it.
Ann Clarke
phone: (403) 296-2972
aclarke@alger.ca
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