Did you know that, according to Sports Illustrated, about 75% of professional athletes either have grave financial difficulties or are bankrupt within just two years of finishing their careers? Staying afloat is difficult for many people, regardless of what job they have or how skilled their financial knowledge is.

Many people who struggle with approaching bankruptcy have had issues such as getting laid off, medical bills, or student loans that can quickly become overwhelming and difficult to continually pay. Do you find bankruptcy information confusing? Many people do. For this reason, we’ve identified some common questions, and outlined what you need to know.

1. Can One Spouse File Bankruptcy?

Can one spouse file bankruptcy? It depends on the situation. Read More