Will my house be affected by my spouse’s bankruptcy? I want to know (as a married couple) what’s going to happen to my house if my spouse files for bankruptcy?
The house is in my name (single titled): my husband just co-signed for the mortgage.
Can my home be taken if my husband files for bankruptcy?
Your house cannot be taken if your husband files for bankruptcy since the house is in your name and he only cosigned the mortgage.
His trustee will want more background on your ownership that may change this.
I suggest you attend at the trustee’s office with your husband so you can get confirmation from the trustee that he will not go after the house.
Earl Sands, Licensed Insolvency Trustee