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Can only one spouse apply for bankruptcy???They have separate acounts, properties, and credit cards???
5 Answers
- heyteachLv 61 decade agoFavorite Answer
Yes.
Here's some info:
http://www.moranlaw.net/alone.htm
If you have concerns, suggest they call county bar association for a referral. Usually can be seen for 30 minutes for around $50.
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RE Can only one spouse apply for bankruptcy???They have separate acounts, properties, and credit cards???
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RE:Can only one spouse apply for bankruptcy???They have separate acounts, properties, and credit cards???
- DimplesLv 41 decade ago
In the UK yes, even if they shared property, although if they have a house the person made bankrupt would need to sell their share for the auditor.
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- SPIFIMAN1Lv 71 decade ago
The only thing that would keep them from being able to would be if they live in a community property State like AZ, CA, ID, LA, NV, NM, TX, WA or WI.
Source(s): Finance Manager for over 8-years.