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Blog Posts in October, 2016

  • How Does Filing For Bankruptcy Affect My Spouse?

    If one partner in the marriage is thinking of filing for bankruptcy, how much it will affect the other spouse depends on a few factors. Any debt that both spouses are joint and severally liable will remain the legal responsibility of the non-filing spouse. This means, if one spouse has filed for Chapter 7 bankruptcy and their debt responsibility is absolved of a joint debt, creditors can hold the ...
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  • Can I File for Bankruptcy if I have No Assets?

    If you are struggling to make ends meet, living paycheck to paycheck, filing for bankruptcy might be a helpful option for you. As you research into the subject, you realize, you might not have any assets to sell to your creditors. Can you still file for bankruptcy? The answer is yes. In fact, most of the bankruptcies filed in America are Chapter 7, no-asset cases. Chapter 7 bankruptcy cases that ...
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