Does a bankruptcy supersede a divorce decree?
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Does a bankruptcy supersede a divorce decree?
My ex-wife and I had a home equity loan on our home. She currently has possession of the home. About 3 years ago, I filed bankruptcy which included the equity loan on the home. However the divorce decree states it is to be split equally. I no longer pay on the loan as it was discharged in my bankruptcy. She is now stating that she is going to sue me for my part of the loan because they are now coming after her for the entire payment. Should I still have to pay my half?
Asked on April 1, 2015 under Family Law, Indiana
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 9 years ago | Contributor
Yes, she may infact be able to sue you based upon the contract you signed with her - the Stipulation of Settlement. I would take your documents to an attorney to review on your behalf. The law may in fact continue to hold you liable to her even though it let you off the hook with the bank.
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