Should I File for Individual or Joint Bankruptcy?

An Orlando Bankruptcy Attorney Can Help You Decide

If you or your spouse is bringing a lot of debt into a marriage, you may have considered filing Bankruptcy as a way to ensure your marriage starts out on even ground financially.  However, you may not realize that one of you can file Bankruptcy with no effect on the other’s credit.  While this can bring a lot of relief to both of you, it is important to enlist the services of an experienced Orlando bankruptcy lawyer to help answer questions that both you, and your non-filing spouse may have.

At the Law Offices of K. Hunter Goff, P.A., I have advised thousands of clients in your situation over the last 10 years. I am familiar with the unique issues involved when only one person in a marriage wants, or needs, to file for bankruptcy. My clients find that coming in together for a meeting with me really helps to “clear the air” and remove lingering questions, doubts, and misinformation about only one spouse filing.

Some of the common questions we address at your meeting include:

• What can I do to eliminate the effect of my new spouse’s debt in the marriage?
• If my spouse files, would that hurt my credit?
• Is it better if just one spouse files for Bankruptcy?
• Aside from the obvious, how does a  joint filing differ from filing individually?
• What effect does individual Bankruptcy have on us taking out a joint credit card or joint loans in the future?

If you’re ready to get some answers to these, or any other questions you and your spouse may have about filing bankruptcy, please Contact me to arrange your free consultation and evaluation with an Orlando bankruptcy lawyer.  407-898-8225

Can Only One Spouse File Bankruptcy?

Yes.  Just because you are married does not make you liable for your spouse’s debts, and in some situations, it can be highly beneficial for only one spouse to file while the other does not.

However, for some couples, it is better to file jointly depending on their financial circumstances.  I will thoroughly analyze your situation and advise you on what  is the best option for you.  Drawing on years of experience as an Orlando bankruptcy lawyer, I can provide specific advice that is tailored to meet the needs of your financial situation.

I look forward to shedding light on the often confusing are of filing bankruptcy for only one spouse in a marriage.  When you’re ready, please give me a call and we can talk about your case during your free evaluation.  407-898-8225