Bank Acct Questions W/ Wife

[Dollar Bill]

My wife and I have separate checking/savings accounts. We generally pay all expenses together 505/50. Sometimes I will write her a check for half of something and she'll pay or vice versa.

Lately we have been thinking of getting a joint checking so that we could simply deposit our money in one account that we will use solely for the purposes of Bills, house note etc.

I am going to file a C7 in approx 3 mos.

My question is whether or not this could be potentially a headache or could this be the best thing for us to do.

Sometime she'd give me the half of the mortgage payment, and I pay it. I was thinking that may look like income or something.

What do you all think?

[LadynRed]

First, what state are you in ?

If you're going to file Ch 7, keep the bank accounts separate. However, your wife's INCOME will still have to be included in the household income calculations for the means test.