By Cathy Moran, Esq.
Community property works differently in bankruptcy. I probably don’t have to tell you that.
On the issue of assets and debts, community property is pretty straightforward. All of the community property comes into the estate upon the commencement of a bankruptcy case, even when only one spouse files. §541(a)(2).
Every . . . → Read More: When The Marital Community Doesn’t Get a Bankruptcy Discharge