If you are married and struggling with overwhelming debt, you may have considered the question: Can one spouse file for bankruptcy in Arizona without affecting the other spouse? This is a complex question that requires careful consideration.
If you are married and considering this question and other bankruptcy-related questions, the lawyers at the Arizona Law Group of Trezza & Associates, LLC, are here to offer experienced legal guidance.
To discuss your specific circumstances with Arizona bankruptcy attorney Stephen Trezza, contact us to schedule a consultation.
Bankruptcy for Married Couples
One spouse can file for bankruptcy in Arizona, and the other may or may not be affected, depending on the circumstances. Bankruptcy generally stops all debt collection activity against the debtor. When a married person files for bankruptcy, the question is whether or not the non-filing spouse's property will be subject to lawsuits, garnishment, repossession and other debt collection activities.
We have filed many bankruptcy cases where only one spouse is filing for bankruptcy, but the other is not. For married couples who have substantial debt, it may be in their best interests to both file. In other cases, it may be more advantageous for only one spouse to file. Our attorneys can help you explore the likely outcomes of each strategy so you can make an informed decision about your financial future.
Contact Us to Learn More About Filing for Bankruptcy in Arizona
Every case is different, so it is important to discuss your situation with a Phoenix bankruptcy lawyer before making a decision. Contact us to discuss your options. We represent clients from Phoenix, Tucson and throughout Arizona.
