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Wife or Both Own the Property by Placing an H, W, J, or C in the Column Labeled Form
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People also ask
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Can a Judgement against me affect my spouse in Pennsylvania?
Judgments damage a debtor's credit score and can make it difficult for you and your spouse to obtain credit to make purchases together. You may not be able to purchase real estate, buy a car, or even qualify for a credit card.
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How do I protect myself from my husband's debt?
Prenups don't just protect you after the marriage ends, but they can also protect you during the marriage. Let's dive in. Prenups can dictate financial obligations during the marriage, such as whether or not you two maintain separate bank accounts or joint bank accounts.
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Can a Judgement against me affect my spouse in Florida?
Spousal exemption for jointly held property If a judgment is against only you and not your spouse, your spouse is entitled to protect his or her interest in the property. Property that is held by a husband and wife is called tenancy by the entirety and cannot be divided.
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Is a wife responsible for husband's debts?
Most states use common law (also known as equitable distribution), which dictates that married couples don't automatically share personal property legally. In other words, you aren't responsible for your spouse's debt unless you took it out together as a joint account, or you cosigned on it.
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What happens when a Judgement is filed against you in Pennsylvania?
If you lose the lawsuit, a judgement is entered against you stating that you owe someone a certain amount of money. A copy will be given to you and the creditor. You usually have 30 days to appeal judgments. If you do not appeal, the creditor can pay a PA constable or sheriff money to try to collect the money from you.
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Can a Judgement affect my spouse?
And since wages are considered community property if you have unpaid debts that result in judgments against you, your spouses' wages can be garnished also. And any bank accounts containing their wages can be levied even if they are not joint accounts.
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