Legal Question in Bankruptcy in New Jersey
Bankruptycy
I have a business that is upside down that i have to close. I have personal credit as well as business credit accounts open that i can not pay. If i file for bankrupt does my wife have to? She was not envolved in any of the business and her credit was not uesed.
Asked on 3/20/09, 9:05 am
2 Answers from Attorneys
Adam Brief
Mellinger, Sanders & Kartzman
Re: Bankruptycy
If you wife is not an obligor or guarantor on the personal and business debts, she likely does not need to file along with you.
Answered on 3/20/09, 9:18 am
Jeffrey Walters
Law Offices of Jeffrey S. Walters, LLC
Re: Bankruptycy
Your spouse is not obligated to file just because you do. Feel free to call me to discuss winding up the business and potential bankruptcy.
Answered on 3/20/09, 10:27 am
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