Marriage during bankruptcy proceedings?

Your credit will be affected after you are married. Don't start your life out bankrupt.

In your case this site can be very helpful FINANCE-SOLUTION.US

RE Marriage during bankruptcy proceedings?

I'm getting married in a few months and my fiance wants to declare bankruptcy beforehand. We live in CA and don't have any community property. If we get married after the papers are filed but before the judgment comes back, will my income be taken into account?

You need to discuss how you will handle money now. If he has to file BK chances are he doesn't know how to plan, budget, maintain good credit. Usually those types of people are blamers and do not accept responsibility of their own actions. It is always someone else's fault. The credit card company, the job lay off, the car accident etc. People with good credit plan for those things. That is why they have good credit.

Figure out his issues, pay off the debt, then get married. The fact that he is still planning to drag you into his mess is sad. Your credit will be affected and it will last for at least 10 years. If you still plan to get married, which I'm sure you are, then keep all accounts separate for as long as possible. He will not qualify for a car or a house for a long time.

No - transferring money during a certain period before a bankruptcy is not legal and they will make the amounts of the transfer part the assets of your bankruptcy. Also, purposely trying to hide money from the court (divorce or bankruptcy) can land you in jail.

If you do not benefit from his bankruptcy you are not involved with it. But in the future all credit for several years will be the only credit you may personally get at reasonable rate not his at all. Better not to declare bankruptcy and arrange for the payment at lower rate or get debt reduced.

I'm guessing that if he is filing on his own, and you're not a participant, that your income won't matter if you keep your finances separate during that time. It won't affect your credit at all, as your name is not on the filing.

The only way it could affect you is if you have any joint accounts and he files..you'd be responsible for paying it. But you've indicated that is not the case, so I think you're ok.

Obviously you'd have to ask his attorney if it has bearing.

Congrats on the wedding. BTW - weddings don't have to be expensive. Mine was $69.

If you get married prior to it being finalized they will throw it out, he will have to start over nad include you on the bankruptcy. So, wait until it is finished to get married or you will either be liable for the debt or filing for it yourself.

Don't get married until AFTER the judgement because if you don't it will affect you for 10 years.

Why would you want to marry a man who has BAD credit? I suppose you don't want things in life..........like a home, a car..........

If your not married when he files you have nothing to do with his filing! Your a fiance not a wife.

lol, why on earth would you get married if you are about to declare bankruptcy? considering that, you know, weddings cost a lot of money. That seems extremely stupid to me.