Iowa Bankruptcy Attorney

Myth #5: If you’re married…both you and your spouse have to file for bankruptcy.

Not true. In many cases…where both husband and wife have a lot of debt…it makes sense and saves money for them to both file…but it is never a requirement under the law. We have many cases where only one spouse has filed. The good news is that generally…if it makes sense for both spouses to file together…they can both file for the price of one filing.

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