Many people wonder whether they should file for bankruptcy with their spouses. Spouses who are going through a divorce may be especially reluctant to file together. Whether or not you should file together depends on many circumstances.
Chapter 7, also known as the Liquidation Bankruptcy, is the least complicated form of bankruptcy. It may allow you relief from medical bills, credit card bills, and other types of debt. The average length of a Chapter 7 is about six months. At the end of those six months, if all goes well, many types of debt will be discharged, or released, giving you a fresh start.