When a person is married, they have the option of filing bankruptcy with or without their spouse. Most couples prefer to file bankruptcy together but there are some instances when filing without a spouse is appropriate. With the following information, individuals will better understand what they can expect from the process of filing for bankruptcy.
Bankruptcy Offers Great Financial Help
When a couple feels as if they are drowning in debt, this can place stress on their marriage. Unfortunately, many issues may arise unexpectedly, leading to mounting debt a couple is not able to pay. Couples can find legal help to overcome their debt when they meet with a bankruptcy attorney to discuss their options.
Couples who meet with an attorney to go over their options need to make sure they provide information on their income, their assets, and the debts they owe. The more information a couple offers their …