Bankruptcy
Not sure if this is the right place to post. My spouse before we got married- became a co-owner with his mom on a house. She is claiming bankruptcy chapter 7- no assets. I’m assuming this means, the house payments will completely fall on us?
Wondering if anyone has gone through some sort of similar situation, where one party claims bankruptcy and the other is trying to save their credit, etc.
I don’t know what the outcome will be but I’ve been so stressed and actually throwing up because of it. My husband is deployed so right now he doesn’t even know this is happening. We were so close to putting the house up for sale too...
anybody know what can happen? I’m going to try to contact the bank but I doubt they will tell me anything but who knows.
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