If your husband (for example) files a bankruptcy, and you have bank accounts in your name only, there should be no affect on your accounts.
However… if the money deposited in your account really belongs to your husband (for example, if his paycheck gets deposited into your account), then it is possible that the Chapter 7 trustee in [...]

Unlike a Chapter 7, if your spouse files a Chapter 13 bankruptcy, your real property, even if it has exposed equity, will usually not be taken by the trustee.  As long as your spouse’s creditors get at least as much through the Chapter 13 case as they would have received if it was a Chapter 7 [...]

This blog has consistently railed against bailing out the banks and mortgage companies that caused the sub-prime crisis, now spreading throughout the world economy.
As panic slowly spreads, the calls from the banks and mortgage companies for Federal money become deafening.
“Too big to fail” is one of the arguments for helping [...]

Your bankruptcy lawyer has probably told you that you are required to bring a bank statement to your meeting of creditors, for examination by the trustee of your bankruptcy case.
But what if the trustee has demanded that you bring more than just the most recent bank statement? What if the trustee has demanded six [...]

Recently, I attended a meeting of creditors for Chapter 13 debtors. There were two people there, each all alone, sitting nervously, waiting for their names to be called. Each had used a paralegal to “type” up their bankruptcy papers.
Paralegals who type up bankruptcy papers have a special name: Bankruptcy Petition [...]