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Bankruptcy

Delray Beach, FL |

In FL Can husb file pers and bus bankruptcy without involving wife if only he owns property and they file joint tax return?

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Attorney answers 1

Posted

Generally yes.
One spouse can file personal as well as business bankruptcy without involving the other spouse. The reason most couples are recommended to file a joint bankruptcy is because both of them might be in debt, or the other spouse might have co-signed many of the debts. It's cheaper to file one joint bankruptcy than two separate individual ones.

Otherwise, it is not a problem.