Dec

25

Could my wife be affected if i declare bankruptcy?

Filed Under Personal Bankruptcy 


  
newyorkqueens23 asked:


When you declare in bankruptcy could your wife’s credit history be affected?
Is it only personal or affect the whole family?

[chapter 7 bankruptcy info]http://rexkaufman6721.livejournal.com/2220.html

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Comments

8 Responses to “Could my wife be affected if i declare bankruptcy?”

  1. nipopazleh on December 27th, 2009 3:29 am

    Free Bankruptcy Information…

    yes it will

  2. ps2754 on December 27th, 2009 10:37 pm

    [chapter 7 bankruptcy info]http://rexkaufman6721.livejournal.com/2220.html

    Yes, your wife’s credit history will be affected, too, since her name was probably on the accounts as well.

    What does your bankruptcy lawyer say?

  3. BL1957 on December 29th, 2009 1:55 am

    Free Bankruptcy Information…

    In Minnesota, I believe yes. Esp. on all joint accounts. (sorry, I know this from experience.) 8 years ago and counting. Finally my credit is back.

  4. Man of Joy on December 31st, 2009 4:52 pm

    [how to file bankruptcy]http://jaienahey.livejournal.com/559.html

    Think your self, you only come with the right answer(s).

  5. mkostelnik@sbcglobal.net on December 31st, 2009 9:51 pm

    [chapter 7 bankruptcy info]http://rexkaufman6721.livejournal.com/2220.html

    Yes. anything she is a signer on will become her complete responsibility. Not to mention the stress it will put on your family. Check out Dave Ramsey, he is a financial counselor and has his own website. His radio show helps with these issues.

  6. Studly on January 2nd, 2010 5:50 am

    Free Bankruptcy Information…

    If you file for bankruptcy, it does NOT effect your wife’s credit history. Each person has their own history.

    But it does effect your family. Any joint accounts she will be responsible to pay. Any property liquidated she loses also.

    I would need a lot more information about your situation before we know what effect there will be. What property do you own? How much income? How much debt? What state do you live in?

  7. jannie on January 5th, 2010 4:48 am

    [Types of Bankruptcy]http://rexkaufman.vox.com/library/post/chapter-7-discharge-vs-chapter-13-bankruptcy.html

    I asume your wife has signed for these loans too
    therefore she will still be responsible for her half of the bills and if she don’t pay she will have a poor rating

  8. Mama Pastafarian on January 6th, 2010 5:32 pm

    [how to file bankruptcy]http://jaienahey.livejournal.com/559.html

    Are any of the debts (that you will include in your BK) joint with your wife? They will go after her for the money. Also, if you live in a community property state, they will go after her for all the accounts.

    In your petition for BK, you will have to include her income. This could affect whether you can file chapter 7 or chapter 13.