Your credit follows you individually. If you have joint accounts then they appear on both of your credit reports.
yes
WOW...
The main difference between married filing jointly and married filing separately on a W-4 form is how couples choose to report their income and deductions to the IRS. When married filing jointly, both spouses combine their income and deductions on one tax return. When married filing separately, each spouse reports their income and deductions on separate tax returns.
I believe so - When you get married you assume all the debts.
When filing taxes as married filing jointly on a W-4 form, both spouses combine their income and deductions. This can result in a lower tax rate and higher deductions. When filing separately, each spouse reports their own income and deductions, which can sometimes lead to a higher tax rate and fewer deductions.
In a perfect world, the answer would be NO. However, if you have any joint accounts or have separate accounts with the same creditor, it would be advisable to monitor your credit reports for any adverse entries in your wife's name.
Only if they are legally married. Effective June 26, 2013, same-sex spouses are treated the same as opposite-sex spouses under federal bankruptcy law.
No.
if your legally married when you file bankruptcy, you must include every single asset including the spouses. depends on what type of bk you file. you may be able to keep your assets.
Bankruptcy has some effect on both spouses regardless of where they live. Unless the two spouses have taken great care to ensure that their assets are entirely separated from one another, then there is likely to be some part where the spouse will be financially affected by a bankruptcy. For details you should contact a Minnesota bankruptcy lawyer (see related links). They will be able to provide specific information about how a spouse could be affected by bankruptcy.
No, unless you both filed a joint BK petition.
yes
Well, it looks like English... I guess the answer is yes.
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.
I married a woman. She is now my spouse and I am hers.
WOW...
Dont tell either spouses of the others existance!