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A married couple can file for bankruptcy separately in Illinois, as it is not uncommon for one spouse to have a significant amount of debt in their name only. However, if spouses have debt they want to discharge that they're both liable for, they should file together. Otherwise, the creditor will simply demand payment for the entire amount from the spouse who didn't file.
When a married couple face bankruptcy, they can file jointly, one can file while the other doesn't or they can file separately at the same time.
Wiki User
∙ 10y ago
Wiki User
∙ 15y agoYes, but it is complicated in states that have community property laws, as CA does.
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How many same-sex couples have married in Illinois?
At least 5,000 same-sex couples have married in Illinois as of July 10, 2014, including couples whose civil unions were converted to marriages.
Do you have to be married to file joint bankruptcy?
Yes, non-married couples with joint debts must file separately. Married couples do not have to file jointly if there are no joint debts included in the filing. The exception is, if they live in a community property state, in which case the non-debtor spouse should also file to assure full protection of exempt property and prevent creditors from pursuing them for collection of the debt(s).
Bankruptcy if married can one spouse file bankruptcy independently from the other Is the one spouse then held responsible for the first spouse's debts if bankruptcy Is filed?
One spouse can file bankruptcy separately and both are held responsible.
Can you and your same-sex spouse file for joint bankruptcy?
Yes. According to an announcement made by United States Attorney General Eric Holder on February 8, 2014, the United States Bankruptcy Courts will give legally married same sex couples the same status as other married couples in federal legal matters. In the United States, bankruptcy falls under the jurisdiction of the federal courts. The decision applies to married same-sex couples seeking federal benefits. It extends federal privileges to same sex couples even in states that do not recognize same sex marriage as long as they were legally married in another state.
When are married couples living apart no longer considered married in Illinois?
No matter how long you live apart, you're still married until you get a legal divorce.
How many same-sex couples have married in McDonough County Illinois?
5 same-sex couples have been issued marriage licenses in this County as of July 9, 2014.
How many same-sex couples have married in Adams County Illinois?
No official figures are available yet as of June 2, 2014.
If you are a first time home buyer in 2009 and you get married after you purchase your house will your tax credit be determined based on the married couples salary or based on your individual salary?
depends how you file, you can file a joint return or "married filing separately"
How many same-sex couples have married in Will County Illinois?
31 same-sex couples were married in Will County on June 1, 2014. Also, 66 same-sex civil unions were converted to marriages in Will County as of July 10, 2014.
How many same-sex couples have married in Jersey County Illinois?
2 same-sex couples have been issued marriage licenses and 5 same-sex couples have had their civil unions converted to marriages in this County as of July 9, 2014.
How many same-sex couples have married in Kane County Illinois?
36 same-sex couples have been issued marriage licenses and 71 same-sex couples have had their civil unions converted to marriages in this County as of July 9, 2014.
How many same-sex couples have married in Kankakee County Illinois?
10 same-sex couples have been issued marriage licenses and 14 same-sex couples have had their civil unions converted to marriages in this County as of July 9, 2014.
