Once a judgement is entered by the court, the creditor can get a lien on the debtor's property using the sheriff's office to levy on your bank accounts or garnish the debtor's wages . Filing bankruptcy will terminate garnishments as to wages earned after the filing of the bankruptcy. The only possible execption is child support collections. A debtor will generally be discharged from all obligation for dischargeable community debts. When you sign and file bankruptcy documents, you are making a statement to the court, under oath and under penalty for perjury, that the information you provide in your paperwork is accurate to the best of your knowledge.
Bankruptcy law is based on the basic idea that honest debtors deserve a financial fresh start.
There is no requirement that both spouses file. It is not unusual for only 1 spouse to have debts. If you want to keep a credit card through bankrucpty, contact the bank or store before you file. If you offer to reaffirm the debt, some banks or stores may let you keep the credit card. A bankruptcy judgment is listed on a debtor's credit report, usually replacing the several pages of creditor information listing the debtor's accounts as 'slow pay', 'no pay', 'delinquent', etc.