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house in husband`s name

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

One Response to “house in husband`s name”

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.