What is a joint assignment bankruptcy? A joint assignment enables two people to file for bankruptcy together when their debts are mainly joint debts When all of the debts for both people are added up and 75% of that total is for joint credit cards lines of credit A joint assignment can be made this is a good option when both parties have similar financial Circumstances as in a husband and wife sharing household finances and histories such as No prior bankruptcies or one prior bankruptcy each so that the timelines for each person match as closely as possible Talk to your trustee about the advantages and possible disadvantages of this option Your trustee may believe a joint assignment is in the best Interest not only of both debtors but the ceditors as well www.rumanek.com