When married couples contemplate filing bankruptcy, one of the first things that they often consider is whether they should file bankruptcy together. Or to take the question one step further back, a married couple might begin by wondering whether it is even possible to file a bankruptcy jointly rather than as two separate, individual cases. In most cases, the answer to this query is yes. In this brief examination of jointly filed bankruptcies we will explore why this is case, as well as the specific reasons why it may be beneficial for spouses to file together.
Should Spouses File Bankruptcy Together?
When married couples contemplate filing bankruptcy, one of the first things that they often...