https://ficoforums.myfico.com/t5/Bankruptcy/Filing-Chapter-7-Solo-One-Joint-Account-With-Wife/m-p/6350971#M78879 <P>I am working with the SBA on a defaulted loan. If it does not work out, I will likely have to file Chapter 7 at some point in the future.</P><P>&nbsp;</P><P>The SBA loan, mortgage, and all my debts are solely in my name, except for one credit card that my wife is joint on. Its balance is $3k.&nbsp;</P><P>&nbsp;</P><P>If I have to file in the end, it will be a solo filing. So my question is, can my wife pay off the card she is joint on, with her own money to save her credit?&nbsp;</P><P>&nbsp;</P> Tue, 15 Jun 2021 15:11:52 GMT Anonymous 2021-06-15T15:11:52Z https://ficoforums.myfico.com/t5/Bankruptcy/Filing-Chapter-7-Solo-One-Joint-Account-With-Wife/m-p/6350971#M78879 <P>I am working with the SBA on a defaulted loan. If it does not work out, I will likely have to file Chapter 7 at some point in the future.</P><P>&nbsp;</P><P>The SBA loan, mortgage, and all my debts are solely in my name, except for one credit card that my wife is joint on. Its balance is $3k.&nbsp;</P><P>&nbsp;</P><P>If I have to file in the end, it will be a solo filing. So my question is, can my wife pay off the card she is joint on, with her own money to save her credit?&nbsp;</P><P>&nbsp;</P> Tue, 15 Jun 2021 15:11:52 GMT https://ficoforums.myfico.com/t5/Bankruptcy/Filing-Chapter-7-Solo-One-Joint-Account-With-Wife/m-p/6350971#M78879 Anonymous 2021-06-15T15:11:52Z https://ficoforums.myfico.com/t5/Bankruptcy/Filing-Chapter-7-Solo-One-Joint-Account-With-Wife/m-p/6351190#M78883 <P>I would pay it off months before you file no matter how hard it is or what it takes.</P><P>Can she open another card in her name only and do a balance transfer?</P><P>It would just be less complicated.&nbsp;&nbsp;</P><P>JMO.&nbsp; GL!</P> Tue, 15 Jun 2021 20:22:32 GMT https://ficoforums.myfico.com/t5/Bankruptcy/Filing-Chapter-7-Solo-One-Joint-Account-With-Wife/m-p/6351190#M78883 Shooting-For-800 2021-06-15T20:22:32Z