Thursday, December 31, 2009

If one spouse files for bankruptcy, will this affect the credit rating of the other?

Two people getting married soon. One has terrible credit. The other's credit rating is very good.If one spouse files for bankruptcy, will this affect the credit rating of the other?
No it doesn't. My wife filed for just the things in her name only. It didn't affect mine at all. Just remember that for a while, if you open new loans or buy a car or whatever, you'll have to do it in just the one person's name. However, you can still use both people's income to get the loan.If one spouse files for bankruptcy, will this affect the credit rating of the other?
No. But if you decide to buy a home or other large items in both your names, you might be turned down.
it shouldn`t i just got thru doing it myself and my other wasn`t effected by it but then again it depends on where you live the laws are different for each state
Yes.
  • roc
  • cosmetics
  • No comments:

    Post a Comment