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.

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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.

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Answered on 3/20/09, 10:27 am


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