Tag : community property

Get a Free Ride Through Bankruptcy When Your Spouse Files Alone

Family Law and Bankruptcy

Here’s the case: A debtor’s discharge in bankruptcy would not do her much good if her prepetition creditors could still garnish her wages to pay their claims. The creditor in this case has a creative theory for doing just that: he argues that her discharge did not affect his claim against her husband, that her […]

Married Filing an Individual Bankruptcy: How Does This Affect My Spouse?

Bankruptcy Law Overview, Chapter 7

Married couples facing tough financial decisions must also face eachother. Here in California, we are in what is called a community property state.  That means that income earned during marriage and debts incurred during marriage are part of the marriage community. In contemplating bankruptcy, couples must know that the act of filing a bankruptcy case […]

Love; Marriage; Then Bankruptcy

Bankruptcy Law Overview

If you have ever found CNBC on television, they have this show called, Til Debt Do Us Part.  It’s a great show where the host, Gail Vaz-Oxlade takes a tough love approach to helping couples get out of debt and on the road to financial recovery.  I would say that if your marriage can survive […]

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