Can a married couple claim individual bankruptcy?

Answer A married couple should file joint bankruptcy if both are equally responsible for the debts. However, if one person is significantly more responsible, it is possible to file individual bankruptcy w... Read More »

Top Q&A For: Can a married couple claim individual bankruptcy

Can a Married Couple File Bankruptcy As a Single Person?

One common misconception believed by married couples is that they must file bankruptcy together. Filing bankruptcy separately may or may not be the wisest idea, because filing bankruptcy as a singl... Read More »

Who can claim the interest from a mortgage loan if a non-married couple makes the purchase?

The individual who can claim the interest from a mortgage loan is the one who is legally liable for the loan, according to the Internal Revenue Service. The person taking the deduction must have a ... Read More »

Individual Bankruptcy Information?

Many individuals who become overwhelmed by financial debts may file for bankruptcy after all else have failed. The U.S. Bankruptcy Codes establish the laws for filing for bankruptcy, which provides... Read More »

How to File for Bankruptcy As an Individual Debtor?

Bankruptcy is an effective - way to protect you from your creditors - but drastic. The procedures are governed by federal law and are designed to give you a fresh financial start. In October 2005, ... Read More »