0
Your husband is filing chapter 7 bankruptcy and you are not but you are a co-borrower on his loans will you still be responsible?
Wiki User
∙ 15y ago
In most states, YES
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Your husband is co-owner of a lake home in MN with his sister She lives in FL and her husband is filing bankruptcy Chapter 7 Is the lake home safe from his creditors?
As long as the land is owned solely by your husband and his sister then it will not be affected by her husband's bankruptcy.
If your husband's boat was gifted to spouse for one dollar 3 years before he filed bankruptcy can the courts take it?
yes, if filing chapter 7 no, if filing chapter 13
What can you do about your medical bills you cant pay them and you filed for bankruptcy in 2008 your husband is file on them now but they will still come after you?
Assuming these are medical bills incurred after your Chapter 7 filing and you received a discharge, and they are for medical services for you, not your husband, they will come after you. You should consider filing a chapter 13 to pay them off in whole or in part, depending on your income and expenses. If your husband has a bankruptcy lawyer, he should ask the lawyer. You may consult your own lawyer.
Can you file for bankruptcy when your husband did before you were married?
Yes you can, he may on the other hand will not be able to receive a discharge under the same chapter for 6 years.
If you and your husband recently had your Chapter 7 bankruptcy discharged how long will it take to reflect on your credit report score?
10 years before the Chapter 7 is removed. It will decrease your scores dramatically to 400s to 500s.
If I file chapter 7 and my husband doesn't can they take the money out of a joint checking account?
No. As long as you are filing for bankruptcy by yourself, your money with your husband will remain joint. Keep in mind that any debts you may share with your husband will remain with him as well.
If your husband filed Chapter 7 and did not include the car in which you are co-borrowers will you be held liable if the car was recently repossessed if you live in a non-community state?
Secured debts are not dischargeable in bankruptcy. As a co-borrower or co-signer you are equally responsible for the debt even though you do not reside in a CP state.
If you add your wife who has a discharged bankruptcy 4 yrs ago to your credit card can hurt the husband's stellar credit score?
Yes. But not as much as if the husband did the bankruptcy.
Can a husband file for personal bankruptcy and not his spouse?
YES, but joint assets will be included in the filer's bankruptcy, and other assets and payments to other debt might be included depending on actions involving them in the previous 2 years. An excellent book for a perspective on filing chapter 7 or chapter 13 bankruptcy, with description of key criteria: "The New Bankruptcy, will it work for You?", 3rd edition, by Stephen Elias, published in 2009 by Nolo; found in the Colorado Springs public library at 346.078 E42N (Dewey decimal system)
Can a man file bankruptcy without his wife's involvement and if he does how will she be affected?
A husband (or wife) may file for bankruptcy separate from his or her spouse. Technically speaking, this should have no effect on the other spouse as they are filing bankruptcy for their separate debts and you will not be held responsible for their debts nor will it be reflected on your credit report, etc. It is important to note that those debts you held jointly will remain with you (the spouse that did not file for bankruptcy).
If husband goes along with wife to file chapter 13 then wife divorces husband but its in divorce decree for husband to pay off 13 can husband get an early dismall if so would it be wise to do so?
Firstly the couple filed for bankruptcy. Secondly wife filed for divorce. If the plan to Chapter 13 is set and repayment must start in less than 40 days as per law. Then you should read the link below, very important and hire an attorney:
When did Clinton declare bankruptcy?
If you are referring to Hillary and Bill Clinton, neither of them have, singly or as husband and wife, ever filed for bankruptcy.
