Can a Bankruptcy Affect my Divorce?

Filing for bankruptcy during a divorce can have both positive and negative effects on your divorce case

Will bankruptcy affect my husband?

Sometimes filing bankruptcy individually isn’t necessarily the best option if you and your spouse share debts, and only one one of you files since debt collectors still have the ability to contact the non-filing spouse regarding debt payments. Filing jointly can be beneficial to your spouse in that situation, because it could protect them from debt collectors.

Bankruptcy when married filing individually

If you are married you can file bankruptcy with or without your spouse.  Filing bankruptcy without your spouse depends on your assets and your income if it is better for you to file with your spouse or individually. If you are married filing individually, your spouse does not have to attend the 341 creditors meeting… Continue reading Bankruptcy when married filing individually