Can a married couple file bankruptcy together if they both own their own homes?

 

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Jan Meriss Alfonso
Assistant at Ascent Law LLC

You may be wondering, "Can a married couple file bankruptcy together?" If you and your spouse own a home, you may be able to protect it from bankruptcy. In certain states, you may be able to get a homestead exemption on the property if one spouse files. This exemption will protect the home and any equity it has. However, if you and your spouse have a large amount of equity in your home, this exemption may not be enough to protect it from bankruptcy.

If you have any questions, you can get a free consultation with Ascent Law LLC:

Ascent Law LLC:

8833 South Redwood RoadSuite C

West Jordan, UT 84088

(801) 676-5506

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Ascent Law helps you in divorce, bankruptcy, probate, business or criminal cases in Utah, call 801-6. Page � Lawyer & Law Firm. 8833 South Redwood Road,�...
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If I File Bankruptcy Will I Lose My Property? (801) 676-5506
If I File Bankruptcy Will I Lose My Property? Maybe. It depends on what bankruptcy chapter you file and what your exemptions are. Get a Free Consultation Now.
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Location: Mapleton, UT 84664, USA

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