QUESTION
How to go about legal seperation?
Asked on Dec 13th, 2021 on Debtor and Creditor - Pennsylvania
More details to this question:
My husband is being sewed out an outstanding loan that he hasn't paid. He has to appear in court on 12-22-21. Since I'm married to him I don't want them taking my belongings for his debt. What can I do?
1 ANSWER
Bankruptcy Attorney serving Collegeville, PA
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Nahrgang & Associates, P.C.
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If your husband is being sued, the first thing he should do is speak to an attorney about defending the case, negotiating, or possible bankruptcy. You are not liable for his debt, except in rare circumstances. Also, in a divorce, debts may be considered marital for purposes of distributing assets.
If your husband does not defend, or does and loses without filing a bankruptcy, all you need do is assure that you don’t share a bank account. While such accounts are ultimately exempt from the creditors of just one spouse, the account can be frozen pending a determination that it is indeed exempt.
I trust this answers your question, and if you live in the Delaware Valley, feel free to call or email me on a free initial basis.
Best Regards,
Matthew R. Nahrgang, Esquire
35 Evansburg Road, Ste 400
Collegeville, PA 19426
(610) 489-3041 o
(610) 489-3042 fax
nahrganglaw.com
Answered on Dec 14th, 2021 at 6:38 AM