Wednesday, April 1, 2015

my husband is filing for bankruptcy on his credit cards. He has 3 with chase bank. Can they touch my checking account that I have with Chase...

Question

my husband is filing for bankruptcy on his credit cards. He has 3 with chase bank. Can they touch my checking account that I have with Chase, also?



Answer

Well, read the fine print. Is the husband also on that checking account? They probably cannot touch your checking account.



Answer

Your question sounds very simple but it is much more complicated. You should confer with a bankruptcy attorney and your husband most certainly should be represented by an attorney in his bankruptcy case.

Generally speaking, assets that are strictly in your name should not be considered part of your husband's bankruptcy estate. So if the account is titled solely in your name, has always been titled that way, and has received no money that could be deemed property of your husband, then your checking account will likely NOT be a part of your husband's case.

Best of luck.



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