How does Bankruptcy work if you are married?

[just_wondering]

Wondering how bankruptcy works if you are married. Say if one has awful credit, and the other has really good credit. The one needs to file for bankruptcy. Will the bankruptcy affect the other spouse? Or can the one do it alone without affecting the spouse at all? Any info or sites to look at would be appreciated. THANKS! ------

[neobahamut2k3]

It will because they look at BOTH incomes and now that the bankruptcy laws have become more strict, it is even harder to file for bankruptcy. you can try these sites:http://www.bankruptcyaction.comwww.l.../bnk06.htmHope this helps ------

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[bkbankruptcy]

The only impact it might have would be relating to future joint financial transactions; for example applying for a mortgage or vehicle loan.

[emmabail]

I do not think there is a major affect of bankruptcy if you are married.Yes its affect on your future financial transactions if you want to do it jointly.But before take any decision you must take help from any good bankruptcy attorney.I know one attorney which also provide you all the help online also its called Filing Bankruptcy Pros.