One of my readers asked how bankruptcy affects a married couple. If a couple files for bankruptcy while married, both of their credit scores will be affected in the same way. In a Chapter 13 Bankruptcy, they will be able to possibly keep their assets in a payment plan; but in a Chapter 7 Bankruptcy, they will have to let go of all their assets and start over.
If you are getting married and have filed for bankruptcy, it's best to hell your fiance beforehand. As long as your partner has good credit, he or she can be the borrower, and you can be the co-signer on loans that you take out. As long as your score is high, and both of your income levels are sufficient, it should not be too much of a problem; however, expect to get turned down from some lenders do the co-signer bankruptcy. Alternatively, you could just have the loan in his or her name (not yours), and the only reason to put you on as a co-signer would be to get the extra income needed to qualify for the loan.
