Do I Need To Include My Spouse’s Income and Expenses on My Bankruptcy Forms?
If you are married and considering bankruptcy, you may be wondering if you need to include your spouse’s income and expenses on your bankruptcy forms. The answer is not always simple, as there are a few factors that come into play.
First and foremost, it is important to understand that when you file for bankruptcy, you are required to include all of your household income. This means that if your spouse works and contributes to the household income, their income must be included on your bankruptcy forms.
However, there are some exceptions to this rule. If your spouse does not have any ownership interest in the debts that you are looking to discharge in bankruptcy, then their income will not need to be included. Additionally, if your spouse is not a co-signer on any of your debts, their income will also not need to be included.
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