2007-11-15 04:49:03 · 10 answers · asked by cher 1 in Business & Finance ➔ Renting & Real Estate
if you are married then you can't go bankrupt on your own....
2007-11-15 04:51:30 · answer #1 · answered by howie r 5 · 0⤊ 1⤋
I have gone bankrupt, they can only take your housem if your name is on the mortgage deeds, but there again, if you are married YOUR debt goes over to your husband, so then you are goin round in circles. Believe me, my husband and I both went, and both say, its the best thing that happened to us. Before you do get a house to rent, for we ended up livin in a caravan for 6months. Being out of it for 9months, and found the only thing is if you want to pay for things on line, you have no debit cards, you only have cash. before you decide go to citizens advice [ they were brill for us!] listen to the advice and choices. Hope that this has helped you.
2007-11-15 05:02:17 · answer #2 · answered by twiggy 2 · 0⤊ 0⤋
With a husband who has a house in his name, how can you go bankrupt!!!
2007-11-15 04:54:18 · answer #3 · answered by Naamoku 3 · 1⤊ 2⤋
it would desire to rely on whether it fairly is a private financial disaster or a corporation and whether he's borrowed any money using the homestead as collateral. whilst he declared himself bankrupt all his materials are up for grabs. If he lives there with you and you're married, you are able to locate that it would desire to impact your place. that's some thing he would desire to have seen. talk to a criminal expert.
2016-12-16 09:33:52 · answer #4 · answered by ? 4 · 0⤊ 0⤋
You and your husband can both file and still keep the house as long as you keep the payments current.
If you file bankruptcy your husband will then be left oweing all of your debts.
2007-11-15 09:17:43 · answer #5 · answered by ebosgramma 5 · 0⤊ 0⤋
Lawyer question for correct answer>Your State maybe different>In Florida we have homestead can't touch it>Unless there foreclosing on it>
2007-11-15 04:53:28 · answer #6 · answered by 45 auto 7 · 0⤊ 0⤋
As long as you're married, I believe you and your husband are responsible for eachother's debts. Check your state's laws regarding this.
2007-11-15 04:52:48 · answer #7 · answered by TweetyBird 7 · 2⤊ 0⤋
If your name isn't on the warranty deed or mortgage, you should be fine.
BUT you need a lawyer to give you the right answer.
2007-11-15 04:52:00 · answer #8 · answered by Debdeb 7 · 2⤊ 0⤋
No-they cant touch it unless your name is on t. that is his mortgage.
2007-11-15 04:51:51 · answer #9 · answered by blue 4 · 0⤊ 1⤋
simple no
2007-11-15 04:58:45 · answer #10 · answered by Anonymous · 0⤊ 1⤋