If your are still on 2 of his credit cards, then they can look to you for payment. Ultimately, if he receives a discharge in his bankruptcy, they may end up suing you, as the only one left who is liable on the account. If they get a judgment, and can find your bank accounts, they can seize them up to the amount of the judgment. Depending upon how much these accounts are, and your financial condition otherwise, you might also look into filing bankruptcy. If you think that might be an option, a qualified bankruptcy attorney in your area can be found through www.nacba.org, the website of the National Association of Consumer Bankruptcy Attorneys. Good luck, and I hope this helps,
In my divorce decree it states that he is responsible for all the debt. Will that help me at all? Should I move any of the funds out of my personal accounts?
Sorry about the delay. No, that will not help you. As a result of the divorce decree you would have an indemnification claim against him if you had to pay it, but he is filing bankruptcy. The divorce decree cannot affect the rights of a third party (such as the credit cards) and prevent them from being able to go after you. They can only garnish your bank accounts after suing you and getting a judgment. Before that occurs, you should either file bankruptcy yourself, or come to a settlement with them.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).