You and your spouse are partners. You have built a life together. You may have purchased property together and you may have incurred debt together. Now, you are considering bankruptcy and you are wondering if that is something that you also have to do together. The short answer is that a spouse does not always have to file bankruptcy just because the other spouse is filing bankruptcy. For some couples, the short answer is also the best answer. However, it is not always that simple.
If you are married and considering bankruptcy, then the decision of whether to file an individual or joint bankruptcy petition is one that you should consider with your bankruptcy attorney. Minneapolis bankruptcy lawyers can help you make the decision is that best for you and your spouse.
Things to Consider When Deciding Whether to Include Your Spouse in Your Bankruptcy Petition
When you are deciding what makes sense for your financial future, and the future and security of your family, it is important to consider:
Call an Experienced Bankruptcy Attorney, Minneapolis, MN
Bankruptcy is a big decision with significant impacts for you and your spouse. Prepare yourself by understanding what the potential impact may be, and contact an experienced bankruptcy lawyer. Minneapolis bankruptcy lawyers at the Rosenzweig Law Office would be pleased to provide you with a free consultation. Please call a Minneapolis bankruptcy attorney today at 952.388.2942 or 800.619.8991 and please read our FREE Minnesota bankruptcy book, What You Need to Know About Filing Bankruptcy in Minnesota, to learn more.