house in husband`s name

March 11th, 2008 by Questions

If I declare personal bankruptcy and the house is in my husband`s name, will it be affected?

Questions

One Response to “house in husband`s name”



March 12, 2008 at 8:27 am, A licensed trustee said:

That depends on how long it has been in your husband’s name and assuming your are still “together”.

If the house was trnasferred into your spouse’s name in the last 5 years (ie it used to be in both your names or just your name) and no money changed hands then there may be some issues.

I suggest you use the links on this page to find a trustee in your area and give them a call. If the house has always been in your spouse’s name and you are still together then it should not be affected.

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