The joint Bk would have to be voluntarily dismissed by both parties and then refiled as a single bankruptcy after the required waiting limit for filing is reached. When married couples reside in CP states it is best that they file a joint BK to allow full protection for both. In non CP states where only one spouse is the debtor the best choice is usually for only the debtor spouse to file.
Bankruptcy can stay on your credit report for 10 years. For more information about debt and bankruptcy, it is best to consult with an attorney. They can provide a complete picture of the benefits and negatives of filing for bankruptcy.
Ten years from the date of discharge.
Bankruptcy filings typically stay on a debtor's credit report for 10 years.
When you file for bankruptcy, the stay is automatically issued. That's why it's called and automatic stay. You needn't do anything.
No, unless you get relief from stay from the bankruptcy court.
It depends on what type, but the typical bankruptcy will be on your record for 7 years.
Bankruptcy is a federal act, and there must be no less that seven years between filings.
He should stay where he is.... We as tax payers are only paying for him anyways. Let him stay there and milk the system like normal.
7 years
No, unless the creditor gets relief from stay or the bankruptcy is dismisssed.
Any type of bankruptcy will remain on a credit report for the required ten years.
I may not understand the question, but assuming you are the co-borrower, then the co-borrower stay is not "against" you but actually is protecting you. A co-borrower stay keeps the creditor from suing the co-borrower so long as the debtor in bankruptcy is paying the debt in full through his or her bankruptcy. So, if your husband paid off the debt in full that you were a co-borrower on, then you don't really need the protection of the co-borrower stay anymore since the creditor is paid in full and is satisfied. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.