Can I file bankruptcy without if effecting my husband’s credit standing? I’m in TX, by the way. We have one card that we share and it is at zero balance. I’m an authorized user on another that does have a balance. Everything else is in his name. My debt is about 10,000 and I work as a preschool teacher, so no work over summer. I’m just wondering if I shouldn’t file bankruptcy afterall. I cannot do it, if it will effect him as his credit is good. Also, regarding the card we share, will they close that account if they do a credit check and see that I’m on a DMP even though he is the primary card holder? Ugh, I’m very confused. I don’t want to hurt my husband’s credit,
Can I file bankruptcy for debt that is mine only without effecting my husband’s credit?
If I read your question correctly all the credit is in his name and you are an authorized user on that account. If that’s the case, it’s not your debt, it’s under his name and his contractual responsibility. You can’t file bankruptcy on that debt since it’s not yours. As an authorized user you have the benefit of “using” the card but none of the liability for the debt.
You can’t even put it in a debt management program or credit counseling program since again, it’s not your debt.