I am considering filing bankruptcy due to a lot of credit card debt. My husband has been unemployed for about a year now so I have been paying all of our bills including his truck bill. The money is coming from a joint account, but the loan is only in his name. I read somewhere that this can be considered a preferential payment so they can take the money back from the creditor. How does that affect his loan? I assume the balance would be restored, but is that going to screw up his credit or make him lose the vehicle?
submitted by /u/Aries_c
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