Phoenix Bankruptcy Law News

August 2013 Archives

Do Married Couples Have to File Joint Bankruptcy?

If a spouse needs to file bankruptcy in Arizona, does that mean that a married couple in Arizona has to file jointly?

Joint bankruptcy is an option available for married couples, allowing them to file with one petition. When spouses file jointly, their property and debts are combined into the same bankruptcy filing. This may be ideal for married couples who have already combined their assets. However, if one spouse wants to own the responsibility of filing bankruptcy, without obligating his or her spouse, joint bankruptcy may not be appropriate.