Question
Will my husbands home be in jeopardy if I file for bankruptcy?
I think that I need to file for bankruptcy because of about $32,000 dollars of credit card debt that I cannot pay off. Will a home that is in the name of my husband be sold to creditors if I file for bankruptcy?LawQA.com Answer Library
Answered By: The Law Office of Mark J. Markus
That depends on a number of factors. Was the credit card debt incurred during the marriage? Was the home purchased during the marriage? Is there equity in the house? If so, how much? You need to have a comprehensive consult with a bankruptcy attorney who can go through all the relevant facts with you to answer your question(s).
Answer Applies to: California
Replied: 9/3/2010
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
Answer Applies to: California
Replied: 9/3/2010
Disclaimer: The response above does not form an attorney-client relationship. This answer may or may not apply to you and should not be relied upon as legal advice. LawQA does not make any representation as to the expertise or qualifications of this attorney. This attorney may or may not be admitted to state bar of your state.
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