Need suggestion on Chapter 7 ruin?
My wife over the course of college years (Phd degree) has over 200,000 surrounded by student loans, 60,000 in unsecure credits debt near a few cash advance here and there. All the credits are lower than her name She have very fitting credit and never late. I am not aware she is contained by this deep financial crisis. Anyway - she is making almost 45,000 a year. I make 110,000 a year. The mortage is beneath my name however - I did put out her heading on the tittle. My house is worth 520,000 - with 420,000 contained by mortgate. I have 2 kids also and cannot afford to hold on to helping her with these style of debt. Can she file for chapter 7 and not affect my credit rating and my home and household products. Thanks in finance for your help on this thing.
Answers: As long as you do not live in a community property state she can database separately.
IF she can qualify to file Chapter 7.
the first step is to find out the directive in the state that you live contained by. i live in louisiana which is a total community property state. G00GLE it!
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Answers: As long as you do not live in a community property state she can database separately.
IF she can qualify to file Chapter 7.
the first step is to find out the directive in the state that you live contained by. i live in louisiana which is a total community property state. G00GLE it!