March 11th, 2008 by Questions
If I declare personal bankruptcy and the house is in my husband`s name, will it be affected?
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.
Log in to Reply
Please post a follow up comment below:
(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)
You must be logged in to post a comment.