Bankruptcy Bliss

How does Bankruptcy work if you are married?

just_wondering asked:


Wondering how bankruptcy works if you are married. Say if one has awful credit, and the other has really good credit. The one needs to file for bankruptcy. Will the bankruptcy affect the other spouse? Or can the one do it alone without affecting the spouse at all? Any info or sites to look at would be appreciated. THANKS!

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This entry was posted on Friday, February 13th, 2009 at 12:10 pm and is filed under Personal Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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

1. neobahamut2k3 on February 16th, 2009 at 7:18 am

   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

2. Jill B on February 16th, 2009 at 10:01 pm

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

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