How does my husband filing bankruptcy affect me?

: How does my husband filing bankruptcy affect me?
I am currently am not living with and about to file for legal separation from my husband. He just told me he is filing bankruptcy, he owns a construction company that’s had a hard year. We are not ready to call it quits yet and divorce, but I want to protect myself. We have no joint accounts and my name is not even on the house he’s living in or associated with his business. Even if we get a legal separation will I still be affected by his bankruptcy? We live in Oregon.

Answers and Views:

Answer by Karen
No you will not be in any way affected by his bankruptcy. Married, separated or divorced no worries.

Answer by David M
Any joint debts like your mortgage or a car loan? That would impact you as you will become responsible for any such debt.

Answer by STEVEN F
A legal separation, or even a divorce, would have NO effect on the impact his bankruptcy would have on you. As long as you have no joint assets or joint debts, his bankruptcy will have no effect on your finances.

David M: She IS 100% liable for any joint debt ALREADY. His bankruptcy only means she can’t collect from him AFTER the creditors collect from her.

Answer by crb
It is impossible to give you a good answer to your question without knowing many more details about your situation. Nearly all consumer bankruptcy attorneys offer a free consultation. Take advantage of this and go see a reputable attorney.