My wife filed Chapter 13 bankruptcy almost 3 years ago, and we are making monthly payments on a 60 month term. Since the filing was the result of her sole financial excesses (hidden from me), and at the time I was not sure if I wanted to stay, we both agreed that she would file in her name only.

Our current mortgage is in my name alone since my wife has previously had bad credit and stays home with our children (no income). However, in Texas her name is on the deed and our mortgage is currently in our lender's bankruptcy department. When this first occurred I called the lender and they told me that this occurred because our address is where the bankruptcy was filed from. My first question is, is this correct?

Additionally, I would like to invest in a rental property and am afraid of how this will effect the bankruptcy filing. If I were to purchase a second property, would that not be exposed to the trustee? Is there any way around this? I am not ready to buy today, but if an opportunity comes about I want to be ready.

If we do have to wait, will this be until the end of our 60 month payment term, or might we be on the hook even longer?

Thanks for the help!