Q11. Will filing bankruptcy hurt my credit score?

Not necessarily. In fact, in most cases filing for bankruptcy will actually improve your credit as your debt to income ratio will improve almost immediately. Keep in mind that how your credit will be affected will depend on a number of factors, such as where your credit level is at today and which type of […]

Q13. Do I Need To File Bankruptcy With My Spouse?

No, you do not have to file bankruptcy with your spouse. One person will be sufficient in filling it. However, if the two spouses cosigned the involved debts, they will be required to file bankruptcy together according to the bankruptcy code.