How does Bankruptcy work if you are married?

13
Aug

just_wondering asked:

Wondering how bankruptcy works if you are married. Say if a spouse’s credit is horrible, and the other has really good credit but only one needs to file for bankruptcy. Will bankruptcy affect the other spouse? Or can it only work without affecting the other spouse at all? Any info or website to look would be appreciated. THANK YOU!

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2 Responses to “How does Bankruptcy work if you are married?”

neobahamut2k3 August 14, 2009

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It will because they look at BOTH incomes and now that the bankruptcy laws have become more strict, it is even harder to file for bankruptcy. you can try these sites:

Hope this helps

Jill B August 15, 2009

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I would suggest you read the article “New Bankruptcy Law – Where’s The Consumer Protection?” you can view it at:

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