Bankruptcy in NS?

Question

My commanlaw is filing for his 2nd bankruptcy i was wondering he has a truck that were still paying on never missed a payment and i cosigned that also he is in the military and got a canex plan for a tv xbox360 and his theater system. he pays it thru the canex pay allotment anywho will he loose any of these stuff and also what stuff will the take also will the truck affect me because i cosigned it. im just confused because he doesnt want me to get involved lol can anyone help me plz. oh and we live in the MQ's military housing apartments will we have to move

Answer 1

2nd BK is bad news, going to be a serious long term black mark on his credit.

Doesn't want you to get involved? You ARE involved, you need to make sure that the truck financing gets resolved or it's going to be a black mark on your credit as well.

I don't think the BK is going to affect your living arrangements, but you really should (and he for that matter) be getting some professional advice.

Good luck!