A Family-Owned, Family-Focused Bankruptcy Firm

“J” Is For Joint Debtors

| Oct 13, 2017 | Uncategorized

“J” is for Joint Bankruptcy
When a married couple comes into my Livonia bankruptcy office to learn about bankruptcy, we complete a full analysis to determine what course of action is best for their particular situation.  Sometimes, we file just the husband, sometimes just the wife, and sometimes we take advantage of being able to file both as a joint bankruptcy.
A joint bankruptcy is by no means required in Michigan.  Sometimes, one person has all of the debt, or one person may have to0 many assets to make a bankruptcy practicable in their situation.  In your Free Consultation, we will review your family situation to determine if it makes more sense to do a single bankruptcy, a joint bankruptcy, or maybe even no bankruptcy at all.
A joint bankruptcy filing is only available to married couples in Michigan.  You are not eligible to file a Joint bankruptcy unless you are legally married.  One of the greatest benefits of being able to file a joint bankruptcy is cost.  At my office it costs the exact same to file a bankruptcy for one spouse, as it does to file a bankruptcy for a married couple.  I do not charge my clients anything more because they are a joint bankruptcy.  If you are interested in learning more about a joint bankruptcy, please give our office a call to schedule a free consultation.
With our offices centrally located in Livonia, we represent clients throughout Metro Detroit and beyond, including  Westland, Garden City, Wayne, Redford, Belleville, Farmington Hills, Plymouth, Canton , Taylor, Romulus, Northville, Commerce Township, Wixom, Dearborn, West Bloomfield and Detroit.