When Is Joint Bankruptcy A Good Option?

Money problems can be one of the major issues in any relationship. If you and your spouse are carrying a significant amount of debt, it might be wise to file a joint bankruptcy petition.

If the majority or all of your debt is in both of your names, it makes the most sense to file jointly. If only one of you file for bankruptcy, a creditor can come after the one who still carries the debt incurred by both of you.

By filing bankruptcy with a spouse, all of the marital debt, as well as any individual debt (excluding, among other things, student loans, child support and spousal support) is eliminated and neither of you carry the burden going forward.

We Make Ourselves Available To You

At Levitt & Slafkes, P.C., our attorneys will sit down with you to discuss the advantages and disadvantages of joint bankruptcy for your situation.

If you decide to proceed, we will walk you through every step. As the process moves forward, we pride ourselves on being available to answer your questions. We understand how much stress financial problems can put on a relationship. We want to relieve you of the debt and the stress that comes with it.

We Use Our Experience To Get Favorable Results

At Levitt & Slafkes, P.C., we have more than 30 years of experience helping New Jersey couples with large debt loads. We can help you eliminate debt and move forward with your lives. We will work closely with you to find and enact the best solution in your specific situation. We also help people obtain debt relief after divorce.

Talk To Us Today To Learn Your Options

Contact our law office to schedule a free initial consultation with one of our Essex County joint bankruptcy lawyers. You can reach us by filling out our online form or by calling 973-323-2953.

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