Many potential clients are concerned that their spouse will be forced to participate in the bankruptcy whether they want to or not. This is not the case. You have the option to file jointly or just on your own, your marital relationship does not compel your spouse to file or assume your debts. So how should you file? We make this determination on a case-by-case basis depending on:
- Nature (secured vs. unsecured) and amount of the debt(s)
- Whether it is jointly held or just in one spouse’s name
- Various income sources and other such factors
We can advise you on whether it makes sense to consider filing jointly vs. individually at the free office consultation after reviewing your financial information.