Many couples or individuals, prior to deployment, try to get their personal matters in order. During this very stressful time and period of adjustment the last thing any service member needs is to be worried about their financial status. For many, however, this issue arises as life never goes according to plan. Considering bankruptcy – either Chapter 7 or Chapter 13 is a viable option for many soldiers. Often I find prospective clients unsure if they should
file for bankruptcy or not because they are preparing to deploy or their spouse is preparing to deploy. It is important for you to remember that the military provides you with a power of attorney for a reason. We have had situations in our office where one spouse was about to deploy and wanted to leave knowing their financial matters were under control for his wife/husband. Using the power of attorney we were able to file the case and the spouse was able to sign the necessary documents and appear at the required 341 Meeting of Creditors on his behalf. This is not an unusual occurrence and it is one that the United States Trustee will allow. The benefit of this is that you can continue to move forward on your bankruptcy when filing a Chapter 7 or a Chapter 13 if you are deploying and not have to be worried about the financial strain your family may be in. Bankruptcy provides you and your family with a fresh start.