I am planning to get married soon after I file. Will my bankruptcy affect my spouse?
As you plan to get married soon after filing for bankruptcy, it’s important to understand how the decision may affect your spouse. Though marriage can be a joyous occasion, it can also signify potential financial complications if one partner is in the process of filing for bankruptcy.
The most immediate issue is that any debts incurred by either partner prior to marriage will remain solely the responsibility of that partner. Creditors cannot go after your future spouse for debts incurred by you before marriage, no matter how closely linked the accounts may be. However, if your spouse was a cosigner on a loan or other debt prior to marriage and you file for bankruptcy, their name may still appear as a creditor on documents filed with the court.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706