On behalf of Levitt & Slafkes, P.C. | Apr 27, 2018 | Bankruptcy And Divorce, Divorce And Bankruptcy
If you are paying for child support and considering filing for bankruptcy you may want to know how a bankruptcy will affect your child support responsibilities. On the other hand, if you are currently receiving child support, and the parent who is paying files...
On behalf of Levitt & Slafkes, P.C. | Apr 25, 2018 | Bankruptcy And Divorce, Divorce And Bankruptcy
Filing Bankruptcy During a Divorce If one party files for bankruptcy while a divorce case is pending, it can complicate matters. Your filing can cause delays in the divorce proceedings, which typically frustrates your spouse and causes emotions to run high during an...
On behalf of Levitt & Slafkes, P.C. | Apr 23, 2018 | Bankruptcy And Divorce, Divorce And Bankruptcy
If you and your spouse can be amicable and work together on a joint bankruptcy filing, it can be beneficial for both of you. There are many benefits for a married couple who are contemplating both divorce and bankruptcy to file a joint bankruptcy prior to filing for...
On behalf of Levitt & Slafkes, P.C. | Apr 20, 2018 | Bankruptcy And Divorce, Bankruptcy Law, Divorce And Bankruptcy, Personal Bankruptcy
Bankruptcy and divorce are two of life’s most upsetting challenges and are often intertwined. Financial stress may be a factor in the decision to get divorced. Divorce itself may cause financial stress. We are often asked by people headed for both bankruptcy...
On behalf of Levitt & Slafkes, P.C. | Apr 19, 2018 | Bankruptcy And Divorce, Divorce And Bankruptcy
It is a common misconception that if one spouse files for bankruptcy, the other must also file. This is not correct. One spouse is permitted to file without the other. However, in most cases the income of both spouse’s incomes is counted toward eligibility...
On behalf of Levitt & Slafkes, P.C. | Sep 28, 2017 | Chapter 13, Chapter 7, Divorce And Bankruptcy
As most will attest, marriage and money can be a complex combination. When you got married, you and your spouse likely merged finances with a positive outlook, looking forward to all the benefits of a strong partnership. As the years pass though, there are inevitable...
On behalf of Levitt & Slafkes, P.C. | Sep 11, 2015 | Bankruptcy Law, Chapter 13, Chapter 7, Divorce And Bankruptcy, Personal Bankruptcy
If you are feeling overwhelmed by the child support or alimony payments you have been ordered to pay and are considering filing a Chapter 7 or Chapter 13 bankruptcy, it is important to understand that family support payments are considered non-dischargeable debts in...
On behalf of Levitt & Slafkes, P.C. | Mar 27, 2015 | Bankruptcy Law, Divorce And Bankruptcy
If you are facing divorce and considering filing a Chapter 7 or Chapter 13 case, you may be wondering “when is the best time for me to file my bankruptcy case?” The answer is that it depends on your individual circumstances. Below is some general guidance,...
On behalf of Levitt & Slafkes, P.C. | Dec 19, 2013 | Divorce And Bankruptcy, Personal Bankruptcy
If you are planning to get married but you have burdensome debt, it is important to consider whether you should eliminate your debt before you get married. Of course, you should openly discuss your finances with your fiancé, but you should also seek the advice...
On behalf of Levitt & Slafkes, P.C. | Nov 20, 2013 | Divorce And Bankruptcy, Personal Bankruptcy
What happens if you have custody of your children and you learn that your ex-spouse is filing for Chapter 7 or Chapter 13 bankruptcy? You are probably concerned about the impact the bankruptcy filing will have on your child support payments. Fortunately, the law...
