I’m looking at going bankrupt she is co owner of a vehicle,house,and camper trailer etc will she loose the house,vehicle etc
Separated for 5 months
At May 7, 2009 |
6:14 am
, Barton Goth, Trustee in Bankruptcy Said...
The impact of a bankruptcy on joint property really depends on a number of things, including:
1. the value of the property in question;
2. the presence of any loans that are attached to that property;
3. the amount of any loans attached to the property;
4. who’s names are associated with those loans;
5. whether the loans are up to date;
6. whether your ex/spouse is able to continue to make the payments on any loans;
7. the details included in any separation agreement.
I would be happy to help answer some of these questions. The easiest way for me to do so is if you simply call me at 780-435-5110 and we can run through some of the above details.
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