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We are often asked whether married couples must file bankruptcy together. The short answer is no. Married couples are not required to file bankruptcy together. Whether you should file jointly, individually, or not at all depends on your unique financial situation. At...
Bankruptcy & Divorce are two of life’s most difficult challenges. They often occur together as financial stress might lead to divorce and divorce itself might cause financial problems. As a result, you may be thinking about filing for both bankruptcy and divorce...
Bankruptcy & Divorce are two of life’s most difficult challenges. They often occur together as financial stress might lead to divorce and divorce itself might cause financial problems. As a result, you may be thinking about filing for both bankruptcy and divorce...
The emotional turmoil a divorce inflicts can be substantial. You go from a being someone’s partner to being on your own. The same is true for all your financial obligations. Suddenly, you must pay the cable bill and the mortgage. It is a lot take on, and it can feel...
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...
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...
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...
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 and...
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...
It's common knowledge that money issues often lead to divorce, so it's not surprising that bankruptcy may be looming while couples are splitting up, whether for one spouse or both. If you and your spouse know that you both need to file, the process will be more...