Will my spouse’s bankruptcy filing damage my credit?

Will my spouse’s bankruptcy filing damage my credit?

A bankruptcy filing appears in the public record section of an individual’s credit report and should not be reported on the non-filing spouse’s credit report.  The bankruptcy does not result in removal of accounts reported in a credit report.  Instead, the account credit history may reflect a zero balance with a notation that the debt has been discharged in bankruptcy.  As discussed in greater detail in the answer to the question, “What happens to joint debts in one spouse’s bankruptcy?”, a non-filing spouse will not receive the benefit of his or her spouse’s discharge of a joint debt and the account history of a joint debt will reflect any delinquency or nonpayment of the joint debt by the parties.

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