Is it better to declare bankruptcy before we get divorced?

Both my husband and I agree that we need a separation or divorce. We don’t have any kids and each have a lot of credit card debt. Some is joint and some of it is from before we got married. Is it better to declare bankruptcy before we get divorced or should we wait?

One Comment

  1. If you divorce first, you can not file bankruptcy jointly. If you are married when you file bankruptcy then you could file together. Filing together is more cost effective. Otherwise if you divorce first, you both will be paying attorney fees and court costs. In my practice, I usually charge a minimum fee to include a spouse. So it’s best to file together if everything else is equal.

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