Filing For Bankruptcy With or Without a Spouse in Missouri
One of the questions that we at the Karfeld Law Firm, P.C., frequently hear is: Does my spouse have to file bankruptcy with me? The answer to that is no. It may be beneficial for your spouse to file with you, but it is not always required.
Our firm has over 35 years of experience handling bankruptcy cases for clients located in the greater St. Louis, Missouri, area. We strive to help clients understand their rights and options, including how bankruptcy will affect their futures. Attorneys Edward J. Karfeld and Donna L. Karfeld are zealous advocates who stand up for clients at every stage of the bankruptcy process. To learn more about how we handle bankruptcy cases, contact our firm today.
With or Without Your Spouse
Many people believe that since you are married, your wife or husband must file for bankruptcy with you. This is not always the case. It is important that a client's individual needs, situation and goals be assessed before any decisions are made.
The law does not require that both spouses file for bankruptcy or that they file at the same time. Whether or not a spouse should join you in bankruptcy depends on a number of factors, including if there are joint debts and if there are assets at risk.
There definitely are situations where it is highly advisable that your spouse join you in filing for bankruptcy. However, this determination is not made until after a full assessment of your case has been made. We begin by determining what your objectives are for filing for bankruptcy, such as if you want to keep your house. If this is the case, it may be an indicator for which way we should handle the case.
For a confidential consultation with experienced Chapter 7 and Chapter 13 bankruptcy lawyers to discuss your situation, contact us or call us at 314-732-0748. Our office is open Monday through Friday, from 9 until 5, with evenings and weekends by appointment. We are located in downtown St. Louis, just four blocks from the Gateway Arch.
We are a debt relief agency. We help individuals, businesses and government entities file for bankruptcy relief under the Bankruptcy Code.
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