Filing For Divorce During Chapter 7 Bankruptcy Proceeding

Debt and financial instability can impact all facets of your life, and can play a role in adding stress to an already rocky relationship. As such, it is not uncommon for financial turbulence to complicate a divorce After all, married couples typically intertwine their finances and enter into financial obligations they may not always be [...]

By |2018-11-13T19:11:11+00:00May 22nd, 2017|Bankruptcy, Chapter 7 Bankruptcy, Divorce and Bankruptcy|Comments Off on Filing For Divorce During Chapter 7 Bankruptcy Proceeding

Divorce and Bankruptcy: Can They Both Be Filed at the Same Time?

When you and your spouse are coming to terms with your marriage and finances, you may have questions regarding divorce and bankruptcy. Depending on your situation, you may be recommended to complete one before the other. Or, you may be able to complete each process at the same time depending on debts, income, assets, and [...]

By |2018-11-13T17:44:53+00:00July 11th, 2016|Bankruptcy, Divorce and Bankruptcy|Comments Off on Divorce and Bankruptcy: Can They Both Be Filed at the Same Time?

What You Should Know about Filing Bankruptcy and Divorce

Bankruptcy and Divorce There are times in which money becomes a problem for married couples looking to end their marriage, bankruptcy at some point may be something either or both spouses are considering. Some may wonder if it is best to file for one over the other while others may want to do them both [...]

By |2017-12-13T00:31:02+00:00March 13th, 2014|Divorce and Bankruptcy|Comments Off on What You Should Know about Filing Bankruptcy and Divorce

Can Bankruptcy Help Me Deal with Debts from an Ex-Spouse?

While having the ability to make payments on debt obligations is enough of a struggle alone, some debtors have to deal with an ex-spouse who has yet to start paying their share of the debt. You may have a divorce agreement that details that is responsible for making payments on certain debts, but it may [...]

By |2018-11-14T17:20:57+00:00January 6th, 2014|Divorce and Bankruptcy|Comments Off on Can Bankruptcy Help Me Deal with Debts from an Ex-Spouse?

When You Need to File Divorce & Bankruptcy

Divorce and bankruptcy commonly go hand in hand. Many people wonder if one should be done before the other. While divorce is a common reason why people file bankruptcy, there are a few areas to review that may help you determine which one to do first and how to do it efficiently to help ease [...]

By |2018-11-14T19:52:57+00:00September 26th, 2013|Divorce and Bankruptcy|Comments Off on When You Need to File Divorce & Bankruptcy

Can Bankruptcy Help Me if I am Behind on Spousal or Child Support Payments?

Debtors who fall behind on making spousal or child support payments may be under the impression they cannot file for bankruptcy. In fact, if you meet qualifications and requirements to file, you can seek bankruptcy protection when you fall behind. Yet, keep in mind that bankruptcy may not discharge debt related to back child support [...]

By |2018-11-15T22:44:40+00:00December 7th, 2012|Divorce and Bankruptcy|Comments Off on Can Bankruptcy Help Me if I am Behind on Spousal or Child Support Payments?

Bankruptcy after Divorce: Are You Liable for Debt that Belongs to Your Ex?

It's common to wonder what may happen if your ex-spouse files for bankruptcy after divorce. While a divorce agreement may have been in place detailing who is responsible for outstanding debt, you may wonder if creditors have a right to pursue the other spouse.  In some cases they can, but what if your ex-spouse files [...]

By |2018-11-08T17:47:58+00:00November 7th, 2012|Divorce and Bankruptcy|Comments Off on Bankruptcy after Divorce: Are You Liable for Debt that Belongs to Your Ex?

Dealing With Divorce During Chapter 13 Bankruptcy

Chapter 13 Bankruptcy and Divorce If you and your spouse filed Chapter 13 bankruptcy and now you are filing for divorce, there are a few options to consider depending on the situation. A divorce is known for affecting different things in your life including ownership of property and finances. It is likely your divorce will [...]

By |2017-12-13T00:32:05+00:00October 15th, 2012|Divorce and Bankruptcy|Comments Off on Dealing With Divorce During Chapter 13 Bankruptcy

What Happens When a Spouse Doesn’t Report All of Their Income at Divorce?

When a Spouse Doesn't Report All of Their Income at Divorce It's common for spouse to hide assets such as income during a divorce and for obvious reasons.  They either feel they won't have anything left after property is divided or they are upset and bitter at their spouse and feel they are not entitled [...]

By |2018-11-19T23:06:12+00:00September 14th, 2012|Divorce and Bankruptcy|Comments Off on What Happens When a Spouse Doesn’t Report All of Their Income at Divorce?

What Information Should Be Included in the Divorce Papers?

Divorce papers include important information that should be drawn carefully.  It is often necessary to retain legal representation since certain provisions may include legal technicalities.  Divorce papers may include information about child support, custody arrangements, property settlement and so on.  The papers help many not only plan for life after divorce but also help to [...]

By |2018-12-13T10:10:24+00:00September 13th, 2012|Divorce and Bankruptcy|Comments Off on What Information Should Be Included in the Divorce Papers?