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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.
How do you file TurboTax for a deceased tax payer?
What is my filng status for decease spouse
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).
Can a person file Chapter 7 bankruptcy if their spouse already has?
Yes, you can.
Can a spouce file for bk?
Yes, one spouse (rather than the couple) can file for bankruptcy when they have significant individual debts. Generally, this action by one spouse will not negatively affect the financial situation of the other spouse, nor will they be responsible for the debts of their spouse. It is important to note that those debts in which the couple is jointly and severally liable for will remain with the spouse that did not file for bankruptcy.
If a spouse dies leaving everything to his children what are the rights of the surviving spouse in S C?
In South Carolina the surviving spouse can file an election to take a share of the husband's estate. The state will grant her a statutory share.
Can a woman file for bankruptcy after she is married and not include her spouse who went bankrupt 4 years ago?
Either spouse may file a separate bankruptcy. However, if they are joint debts the non-filing spouse will be responsible for repayment. If the spouse is the sole debtor the non-filing spouse might still be responsible if they reside in a community property state.
A deceased person has credit card debt only in their name is the spouse responsible for that debt in the state of Florida?
If the card was only in the deceased's name AND the surviving spouse was not a listed authorized user AND the surviving spouse never used the card for his/her own purchases, the spouse is not responsible for the debt. The estate is liable for the debt, so no assets of the estate can be distributed to the heirs at law or by will until the debts of the estate have been paid. If the debts exceed the estate's assets, it may file for bankruptcy of the estate under state law. Consult a local experienced bankruptcy lawyer.
What is the process for filing taxes if your spouse passes away?
When a spouse passes away, the surviving spouse can file taxes jointly for the year of the spouse's death. In subsequent years, the surviving spouse can file as a qualifying widow or widower if eligible, or as single. It's important to report the deceased spouse's income up to the date of death and to obtain a Tax ID number for the estate if necessary.
can i file bankruptcy without my husband in the state of idaho?
You can only file bankruptcy without a spouse in cases where the debt is yours only. For example, if you have a credit card that is in your name only then you can file without your husband.
Can a surviving spouse file a claim when they are not listed as the beneficiary in the will?
Yes. In most states in the United States a spouse cannot be disinherited by a will. The spouse can file a claim under the doctrine of election. By filing such a claim, the surviving spouse is generally awarded an intestate share of the estate. You should consult with an attorney in your jurisdiction who can review your situation and explain your options.
What is the difference between a surviving spouse and a head of household when it comes to tax filing status?
The main difference between a surviving spouse and a head of household for tax filing status is that a surviving spouse can file as "married filing jointly" for the year their spouse passed away, while a head of household is a filing status for unmarried individuals who provide a home for a qualifying dependent.
