Would it Be Better for Us to File Bankruptcy or Go With Credit Counseling in Pennsylvania

“Dear Lewis,

Yes I am about 10,000 in credit card debt. I recently got married he also has debt to together are credit card debt is about 700.00 a month. We are not on each other account he was an authorize user but recently took him off. We live in PA. The house is in just my husbands name and we have no other assest.

my question is I talked to Money Management International they can combined just my credit cards for 240.00 a month saving me forty dollars a month but I am wondering if it would be better just for me to file bankruptcy on my own , and just wipe my dept clean. but I don’t want to hurt my husband credit.


Dear Jennifer,

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Your separate debts, or you filing bankruptcy on your separate debts, should not affect your husband’s credit at all. If you filed bankruptcy, it would not affect your husband because your discharged debts should not be on his credit report.

As to paying $240 a month to take care of $10,000 in debt… I don’t know. It could be a great deal or a horrible one. How many payments of $240? How much is the company’s fee? Do they take the fee first before settling debts?

I am sure you can see all over getoutofdebt.org the number of debt settlement scams that are out there. But there are reputable companies too. Any of us here to help you would need to know a lot more about the program to help you decide if it is a good option instead of bankruptcy.

You can click here for credit counseling information or click here to find a local bankruptcy attorney.

My name is Lewis Roberts and I’m an attorney licensed in Florida and Georgia. My practice focus is consumer bankruptcy, real estate issues/closings, and mortgages. I also have Florida real estate broker and mortgage broker licenses. I am a proud member of the National Association of Consumer Bankruptcy Attorneys (NACBA), National Association of Consumer Attorneys (NACA), and a graduate of Max Gardner’s Bankruptcy Boot Camp. I enjoy helping people with decisions that impact their financial well-being.

Legal Disclaimer: This is for educational purposes only. It is not to be relied upon as legal advice. It also does not create an attorney-client relationship. No such relationship is formed with attorney without a written agreement.

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