Re: Filing BK, only one spouse
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Posted by Walt
(216.224.224.78) on March 27, 2003 at 18:43:08:
In Reply to: Re: Filing BK, only one spouse posted by LadynRed on March 27, 2003 at 18:26:17:
Thanks.. We are in Arizona. The house she own is exempt because of insufficient equity. ($100,000 is the limit) She purchased it long before we got married. Aa a matter of fact, if we had to get out tomorrow, we would be lucky to get $53,00 with a $42000 note we have already. So I have to show my income as individual, right? This house is the only thing we own and it is totally exempt so I couldn't see paying several hundred dollars since it is basically a no asset case. What if we don't file at all? Are we judgement proof? (unless she gets a job)
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