Legal Question in Bankruptcy in Michigan

losing property

My husband and I are separated living apart,he wants to file bankruptcy and reaffirm the mortgage on the house he is in,my question is I am self employed have a home business sewing with some sewing machines and such and live in the 1965 mobile home I owned before we were married that is paid off,am I going to lose my mobile home and business equipment by filing joint?

thanks


Asked on 8/26/05, 9:50 am

1 Answer from Attorneys
Rochelle Guznack Law Offices of Rochelle E. Guznack, PLLC

Re: losing property

Your husband can file by himself. If your husband files alone or you file jointly, you are allowed to keep your exempt property. There are several factors to consider. You should consult with a bankruptcy attorney about whether your property is exempt. If you would like a free consultation, you can contact me at (248) 679-1552.

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Answered on 8/26/05, 11:04 am


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