Hello everyone. I am finally planning to face the music and plan for Bankruptcy filing. I will admit that the very thought of it makes me sick, but what can you do? I had hoped to work out payment plans with my creditors but I have found the debt collectors to be so sneaky and aggressive that I no longer have any moral concerns about this. That said, here are my facts: 1. All of my debts were incurred before I married my current (2nd) wife. 2. We have no joint assets of any kind, no even a joint bank account. 3. We are currently living separately. I do not yet know whether this will result in divorce or formal separation. (She has a child by her first marriage. The child and I do not get along, to put it mildly. I had to move out for the sake of my own safety and sanity.) I am now 65 years old. I have tried to start a business but getting it to the point where it produces any real level of income is going to be, at best, a long proposition and I do not know if it is possible. My wife has a good job. My own living expenses are covered by Social Security payments and over the past few years by withdrawals from my IRA.
The question -- and thank you for your patience in getting this far-- is this: Assuming that I am forced to file Ch 13, to what extent will my wife's income be included when a repayment plan is imposed on me? She will absolutely refuse to pay for my debts. We do not live in a community property state.
The question -- and thank you for your patience in getting this far-- is this: Assuming that I am forced to file Ch 13, to what extent will my wife's income be included when a repayment plan is imposed on me? She will absolutely refuse to pay for my debts. We do not live in a community property state.
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