A significant concern is how filing by yourself impacts shared assets and credit card debt. Florida isn't a Group assets condition so the possession of your residence and financial debt aren’t divided Similarly Because you happen to be married.
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California is actually a Group property condition, and Even when you file bankruptcy separately with no your spouse, your Group house is shielded. Creditors cannot arrive after any Portion of it provided that you are married.
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If you are married and thinking of bankruptcy, you'll have to determine irrespective of whether to file independently (that is certainly, only 1 spouse data files for bankruptcy and the other isn't Portion of the situation) or jointly (each spouses file together).
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California is often a Local community house condition, and even if you file bankruptcy separately without the need of your spouse, your Group residence is safeguarded. Creditors can not come after any Element of it providing you are married.
In essence, if you bought or acquired house o