By Jeff Field | Published August 15, 2022 | Posted in Bankruptcy, Chapter 7 | Tagged Tags: bankruptcy, joint debts, liquidate, reorganization | Leave a comment
Married couples often file joint bankruptcy petitions. In many cases it makes perfect sense for both spouses to liquidate (Chapter 7 bankruptcy) or reorganize (Chapter 13 bankruptcy) their debts. However, it is possible for only one spouse to declare bankruptcy and under certain circumstances, it is in the couple’s best interests to do so. One Read MoreRead More
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