Joint Bankruptcy May Soon Be Available to Married Same-Sex Couples

It's been reported that the federal government will soon treat married same-sex couples the same as heterosexual couples, ensuring equal federal privileges, protections and rights.  In the bankruptcy world, this means that married same-sex couples may soon be able to file a joint bankruptcy petition, rather than being required to file separate petition, regardless of underlying state law.  A joint bankruptcy petition is both less expensive and more efficient than filing separate bankruptcy petitions.  The complete New York Times article is available here.