Claiming bankruptcy

[pushbrk 12,898]

I will definitely consult an attorney if and when it happens. Thanks for the replys.

The extent to which SHE becomes responsible in YOUR bankruptcy is going to depend on the laws in your individual state regarding community property, etc. If you think there is a good chance that you'll need to file bankruptcy at some point in the foreseeable future, I would suggest consulting a bankruptcy attorney in your area BEFORE you get married so that they can explain the particular laws in your state. Many bankruptcy attorneys will provide you with a free initial consultation.

Financial issues and stresses are one of the leading causes of divorce. Even if she is not legally responsible for your debts in the bankruptcy, it WILL add a great deal of stress to the marriage.

Yes, by all means have that attorney consultation NOW, before you get married.

[jnav29 1]

I will definitely consult an attorney if and when it happens. Thanks for the replys.

The extent to which SHE becomes responsible in YOUR bankruptcy is going to depend on the laws in your individual state regarding community property, etc. If you think there is a good chance that you'll need to file bankruptcy at some point in the foreseeable future, I would suggest consulting a bankruptcy attorney in your area BEFORE you get married so that they can explain the particular laws in your state. Many bankruptcy attorneys will provide you with a free initial consultation.

Financial issues and stresses are one of the leading causes of divorce. Even if she is not legally responsible for your debts in the bankruptcy, it WILL add a great deal of stress to the marriage.

Yes, by all means have that attorney consultation NOW, before you get married.

Thanks to all that replied I have spoken to 2 different attorneys and they both said the bankruptcy will not affect my future wife. I have an appointment tomorrow to discuss further action. Thanks again to all.

[pushbrk 12,898]

I will definitely consult an attorney if and when it happens. Thanks for the replys.

The extent to which SHE becomes responsible in YOUR bankruptcy is going to depend on the laws in your individual state regarding community property, etc. If you think there is a good chance that you'll need to file bankruptcy at some point in the foreseeable future, I would suggest consulting a bankruptcy attorney in your area BEFORE you get married so that they can explain the particular laws in your state. Many bankruptcy attorneys will provide you with a free initial consultation.

Financial issues and stresses are one of the leading causes of divorce. Even if she is not legally responsible for your debts in the bankruptcy, it WILL add a great deal of stress to the marriage.

Yes, by all means have that attorney consultation NOW, before you get married.

Thanks to all that replied I have spoken to 2 different attorneys and they both said the bankruptcy will not affect my future wife. I have an appointment tomorrow to discuss further action. Thanks again to all.

Filing bankruptcy now will not have the kind of consequence on your future wife as it would after she's your current wife. You need a strategy that avoids making her responsible for your debts.

[Rob_Lesya 4]

Thanks to all that replied I have spoken to 2 different attorneys and they both said the bankruptcy will not affect my future wife. I have an appointment tomorrow to discuss further action. Thanks again to all.

I'm glad to hear that there will be no LEGAL responsibility for your future wife. But if you think there's going to be NO affect on her, you're deluding yourself. I'll repeat once again --

Financial issues and stresses are one of the leading causes of divorce. Even if she is not legally responsible for your debts in the bankruptcy, it WILL add a great deal of stress to the marriage.

I work in the financial industry and see this every day. I cannot begin to count the number of marriages that I have seen fail as a result of bankruptcy.

For one last time, I would STRONGLY urge you not to begin a marriage with the threat of bankruptcy looming over your head.

I would also urge you to be VERY careful about the financial decisions you make prior to filing for bankruptcy. I have seen couples who thought it would be a good idea to have lavish weddings payed for by credit cards just before filing for bankruptcy. They thought it would be a good way to get a "free" wedding. Imagine their surprise when they got to bankruptcy court and discovered that the judge would not allow them to discharge debts that were so easily forseeable and avoidable. So now, instead of having a free wedding, they're spending the next 7-10 years basically living on a court ordered allowance while they're on a supervised repayment plan.

I'm not saying that this is what you were planning ---- I'm simply using it as an example of why you need to be very careful what you do at this stage.

At this point, you've been urged by me, Pushbrk and others to avoid adding the stress of bankruptcy to the marriage. Of course, you're an adult who can (and will) make your own decisions. You are the one who will have to live with the consequences of those decisions. The only question is the extent to which your future wife will also have to live with those consequences. And that -- is up to you.

[jnav29 1]

Thanks to all that replied I have spoken to 2 different attorneys and they both said the bankruptcy will not affect my future wife. I have an appointment tomorrow to discuss further action. Thanks again to all.

I'm glad to hear that there will be no LEGAL responsibility for your future wife. But if you think there's going to be NO affect on her, you're deluding yourself. I'll repeat once again --

Financial issues and stresses are one of the leading causes of divorce. Even if she is not legally responsible for your debts in the bankruptcy, it WILL add a great deal of stress to the marriage.

I work in the financial industry and see this every day. I cannot begin to count the number of marriages that I have seen fail as a result of bankruptcy.

For one last time, I would STRONGLY urge you not to begin a marriage with the threat of bankruptcy looming over your head.

I would also urge you to be VERY careful about the financial decisions you make prior to filing for bankruptcy. I have seen couples who thought it would be a good idea to have lavish weddings payed for by credit cards just before filing for bankruptcy. They thought it would be a good way to get a "free" wedding. Imagine their surprise when they got to bankruptcy court and discovered that the judge would not allow them to discharge debts that were so easily forseeable and avoidable. So now, instead of having a free wedding, they're spending the next 7-10 years basically living on a court ordered allowance while they're on a supervised repayment plan.

I'm not saying that this is what you were planning ---- I'm simply using it as an example of why you need to be very careful what you do at this stage.

At this point, you've been urged by me, Pushbrk and others to avoid adding the stress of bankruptcy to the marriage. Of course, you're an adult who can (and will) make your own decisions. You are the one who will have to live with the consequences of those decisions. The only question is the extent to which your future wife will also have to live with those consequences. And that -- is up to you.

Thanks again to everyone for your replies and concerns. I am addressing this issue now with my attorney thanks.