October 17, 2017

Joint Liability for Debts: An FAQ

I am frequently asked whether spouses have joint liability for debts. This FAQ should help readers gain a basic understanding of the issues to consider, but is not a replacement for a qualified bankruptcy attorney's opinion on your specifics. Q: MY HUSBAND HAS SUBSTANTIAL DEBT THAT HE CANNOT PAY. HE NEEDS TO FILE BANKRUPTCY. DO I HAVE TO FILE WITH HIM? A: I have heard this quite often. One … [Read more...]

Bankruptcy and Employment: Can I Lose my Job for Filing Bankruptcy?

In advising people regarding financial difficulties, I am often asked about bankruptcy and the effect that it has on employment, licensing and the like. In other words, a client will ask if bankruptcy will hurt his or her ability to get a job or will his or her employer fire them because I filed bankruptcy?  As to licensing, a contractor may ask about the ability to obtain a contractor’s license … [Read more...]