A joint Chapter 7 bankruptcy filing, while you’re married, can be a great idea, because it can eliminate qualifying debts such as credit card balances, past-due utility and medical bills, and personal loans. Bankruptcy can also eliminate other debt like an expensive car loan or a home mortgage. Filing only one joint bankruptcy can also reduce court costs and attorneys’ fees. In many cases, filing for Chapter 7 bankruptcy while married makes the entire process smoother and cheaper for divorcing couples.