310.376.9865 Los Angeles and Riverside Bankruptcy Attorneys have noticed a new development between the Bankruptcy Trustee and the Banks, whereby the banks agree to let the Bankruptcy Trustee sell the debtor’s (person who has filed bankruptcy) house in a “short sell.” Scenario: 1. Debtor purchase a house at the top of the market for $400,000

  310.376.9865 When are you liable for your Spouse’s Debt Incurred during the marriage? PERSONAL LIABILITY: If it a joint debt, a debt where both parties applied for the debt, then you are jointly liable. Otherwise, you only incur personal liability for your spouse’s debt in three occasions: The debt was assigned to you as