QUESTION
If I do chapter 7 will it affect his credit?
Asked on Dec 11th, 2012 on Bankruptcy - California
More details to this question:
I am legally separated. All credit cards are in my name and received before we were married. But used while married one credit card was received while we were married.
14 ANSWERS
If the debt is only in your name, then you filing bankruptcy will not effect his credit. If there are joint debts, then he will still be responsible to pay or the creditor will come to him to collect. This can effect his credit.
Answered on Dec 14th, 2012 at 3:37 PM
Appellate Attorney serving Grosse Pointe Farms, MI
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Musilli Brennan Associates, PLLC
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Given what limited information you provided, most probably his credit rating will not be affected unless you have other joint debts together.
Answered on Dec 14th, 2012 at 2:22 AM
Bankruptcy Law Attorney serving Austin, TX
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Law Office of Susan G. Taylor
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No, his Social Security number will not be associated with the filing & his credit should not be affected.
Answered on Dec 14th, 2012 at 2:05 AM
Your spouse's credit should not be affected by your bankruptcy, although in some cases, an error can be made when there are joint accounts. If there is an error on your husband's credit report due to your bankruptcy, it is pretty simple to file a dispute with the credit bureaus to remove the misinformation.
Answered on Dec 13th, 2012 at 1:07 PM
Wisconsin is a community property state.Any assets (or debts) accumulated during the marriage belong to both of you, regardless of whose name they are in.? It is very likely that your filing will result in collection efforts against your husband.
Answered on Dec 13th, 2012 at 1:06 PM
Your bankruptcy should only affect your credit. ent or work product privilege.
Answered on Dec 13th, 2012 at 1:06 PM
Criminal Defense Attorney serving Deltona, FL
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R. Jason de Groot, P.A.
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By filing jointly with him, you can both get out of debts. It should not affect his credit if you file alone.
Answered on Dec 13th, 2012 at 1:05 PM
It will only affect his credit if he files bankruptcy also.
Answered on Dec 13th, 2012 at 1:04 PM
Bankruptcy Attorney serving Madison, WI
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Richard B. Jacobson & Associates, LLC
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Assuming that 'his credit' means your husband's credit, the short answer is yes. Marital debts are the responsibility of both spouses, at least in general. There is a special and rather technical kind of protection a non filing spouse has in a community or marital property state such as Wisconsin. An extended discussion of this subject is beyond the scope of this site. I suggest you discuss it with a skilled bankruptcy lawyer.
Answered on Dec 13th, 2012 at 1:04 PM
Chapter 13 Bankruptcy Attorney serving Winston-Salem, NC
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Love and Dillenbeck Law
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No, contrary to popular belief, married couples have separate credit reports.
Answered on Dec 13th, 2012 at 1:01 PM
Bankruptcy Attorney serving Plantation, FL
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Moffa & Breuer, PLLC
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There is not a quick answer to this. It depends on whether he is liable to the credit card companies. You need to check with each individual credit card company or pull the credit report of the both of you and review his report against your report or give them to your bankruptcy attorney.
Answered on Dec 13th, 2012 at 1:01 PM
Bankruptcy Law Attorney serving Livingston, NJ
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Law Office of Stuart M. Nachbar, P.C.
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In NJ, it will be fine, as long as he is not an authorized user or on the agreement.
Answered on Dec 13th, 2012 at 1:01 PM
Bankruptcy Attorney serving Phoenix, AZ
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Law Office of D. L. Drain, P.A.
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There is no way to predict how one spouse's bankruptcy will affect the other. From your description it appears that he should not be affected. If he is then he can file a dispute with the credit reporting agency. Please understand that filing for bankruptcy is a very complicated process. It is wise to talk to an experienced bankruptcy attorney before deciding to take this important step. Most Arizona bankruptcy attorneys offer a free consultation about the basics of bankruptcy.
Answered on Dec 13th, 2012 at 1:00 PM
Consumer Bankruptcy Attorney serving Los Angeles, CA
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Orantes Law Firm
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Only to the extent that any debt on which you are a debtor will indicate that it was discharged in bankruptcy. Otherwise, if you are legally separated and live in separate households, it should not affect his credit. Call us at 213-389-4362 to set up an appointment for a free initial consultation.
Answered on Dec 13th, 2012 at 1:00 PM