Archive for month: October, 2011

Are you still liable for a spouse’s debt after your spouse files for bankruptcy?

Community Property Rules vs. Common Law Rules Whether or not you are liable for your spouse’s debt depends on whether or not you reside in a “community property state.”  In states that follow community property rules, debt that is incurred by one spouse during the marriage is owed by both spouses.  Likewise, the income of […]

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