How will my parents bankruptcy affect their debts with me?

[losparx]

In the past I took on some of their debt as they had trouble getting credit. This debt is held on credit cards which they and I have been paying off over some time.They are likely to be forced to file for bankruptcy soon, therefore my question, what will happen to the debt on the credit cards which are under my name?Will these be covered as I am a creditor to them?PLEASE ONLY ANSWERS FROM PEOPLE WITH EXPERIENCE IN THESE MATTERS.(a moral lecture is neither constructive nor desired)Thank you.I don't live at home.I can provide proof of balance transfers from their account to mine. ------

[Ash F]

Do you live in the same property?if so then you will also find it very difficult to get credit as it based on the property. ------

[wilfred b]

the way you explain it they will owe you money andif they go banko the money they owe you will be included. so you will be in the same postion as all the other creditors and if they pay you they will in fact be committing a criminal offence ------