If my husband and I are seperated and I have a large amount of debt, can I file for bankruptcy for my debt?
Question Details:
And, if so, what is the easiest and cheapest way to do this?
Yes, but as you're still legally married any joint assets might be affected. For example, if you jointly own a home as husband and wife, or have a joint bank account, creditors might be able collect against them. Even transferring the asset is sometimes impossible or ineffectice in protecting it.
If you have a very simple bankruptcy with few assets or complications, there are some bankruptcy services that might be able to help you. These usually cost in the range of $300-500. If there is anything more complicated (and given that fact that you're currently still married that's a likelihood), you should consult a bankruptcy attorney. For most personal bankruptcies I handle them at a flat fee off $1000, ensuring your assets are protected as much as possible, you understand the process and are best situated to move on with your life after a "fresh start".
