Question: I am considering going bankrupt. Our home is in my wife’s name solely. I am not on the mortgage nor did I co-sign. She owns it on her own and pays for it. I run a separate business and wonder if she will be affected. We do not share any cards or loans nor have co-signed or have supplementary cards. We are completely separate financially. How can this affect her? Please advise.
Answer: Your bankruptcy does not directly impact on your spouse. She does not lose her house. There will be nothing on her credit report if you go bankrupt.
For a more detailed answer, here is an article on how bankruptcy will affect your spouse.