Ask Experts Questions for FREE Help !
Ask
    China74's Avatar
    China74 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Aug 29, 2008, 07:03 PM
    Joint auto lease account with boyfriend who is filing bankruptcy
    Hello,

    My boyfriend and I Have a joint account for an auto lease car loan. I am the primary account holder but because I do not drive, he is the secondary on the lease. If he files for bankruptcy, will my credit be affected? This is the only account that we have together at all but I am not sure if the fact that I have him on a car lease with me counts technically as a "joint account" per se.
    N0help4u's Avatar
    N0help4u Posts: 19,823, Reputation: 2035
    Uber Member
    		  
    #2

    Aug 29, 2008, 08:17 PM
    I don't know how it will effect your credit but when you file bankruptcy you can file only the things you want to go bankrupt on and not file bankruptcy with the things you want to keep paying on so make sure he doesn't list the car.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    Aug 29, 2008, 09:11 PM
    No your credit will not be effected but he will not be held responsible for paying it, so you will have to make sure you pay for it
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Who file for interest in a joint account when filing separately [ 1 Answers ]

Who can file interests in a joint account when filing separately?

How foreclosure vs bankruptcy affect a joint account [ 1 Answers ]

Hi folks, We are in a peculiar situation, hoping that we could get some advise. Situation: over 12 yrs ago my wife had some savings (approx $7k) and opened an account with vanguard. On advise of her parents, the account was opened as a joint account with her brother, so if anything would...

Filing Separate with a joint account. [ 4 Answers ]

I am currently separated and my spouse and I are wanting to file married but separate due to the pending divorce. My question is that we have received a 1099-INT form for a joint account and we are wondering if we can still file separate. Could it be that one of us has to claim the account on...

Joint account interest filing separately [ 5 Answers ]

In the case of a joint account, who should show "interest income". I am Filing as resident alien. My husband's filing as non resident alien (and does Not have to pay taxes on interest income, I believe).

View more questions Search