Bankruptcy Discharge: Consequences Of A Revocation Of Bankruptcy Discharge

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We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

Attorney Shawn Devries explains chapter 7 bankruptcy provides a financial solution to individuals
struggling to pay off unsecured debt like credit card debt, utility bills, and medical bills. For married
couples, there’s always the question of whether one can file for chapter 7 bankruptcy alone.

Individuals may consider filing alone if their debts were acquired prior to marriage or without the other spouse’s participation.

First off, individuals can file for chapter 7 bankruptcy singly in marriage. It follows that filing alone will not affect your spouse’s credit, but that may always not be the case. While there is no one-size-fits-all approach to the question of whether to file jointly or separately, filing for Chapter 7 bankruptcy jointly is usually preferable.

There are things to consider while filing chapter 7 bankruptcy alone because for some debtors, filing
alone might not be an option. Several factors determine whether you are eligible to file alone in
marriage.

Some questions to ask before filing for chapter 7 bankruptcy alone include, if you co-own property with your spouse. What are Florida laws regarding shared property? And lastly, are your debts individual or shared with your spouse?

Filing for chapter 7 bankruptcy jointly proves to be better for married couples than one party filing
alone. In terms of costs, filing a joint bankruptcy petition means that you pay the filing fees once instead of filing separately and paying the fees twice.

In case the married couples have shared debts, filing jointly offers better cover than filing alone because the creditors can still pursue the one spouse for payment if the other spouse files for bankruptcy.

It is important to know that filing alone will still involve the non-filing spouse. The court will
consider their incomes and debts upon filing.

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