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Lv 4
? asked in Business & FinancePersonal Finance · 6 years ago

Separate bank accounts, is the money still "Ours"?

My husband was told (by his bankruptcy lawyer) that even though I have a separate bank account (had it since I was 16) that he is NOT on that the money inside is still considered "ours". And that I couldn't have more than a set amount in it because of this.

It's the whole basic "Whats yours is mine" concept. He can not withdraw money, he is not on account at all. Is the money inside really 50% mine and 50% his?

3 Answers

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  • 6 years ago

    It depends on the laws in your state. Call the office of your state attorney general's office to find out the law of your state. Or make an appointment with a lawyer--ask if he gives free initial consultations.

  • 6 years ago

    If you live in a state with community property laws, then yes. He can claim 50% of anything you own. If your lawyer says you do, then you most likely do.

  • Judy
    Lv 7
    6 years ago

    Depends on what state you're in. His lawyer would know.

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