Money troubles are stressful for any couple, especially those that may be considering divorce. Left with the decision of who will take responsibility for certain debts and how assets will be divided can complicate things. There are a couple of things to consider about your debts before proceeding into divorce court. Debt Division In many … Read more
While filing for bankruptcy offers some great benefits for many people, it isn’t a cut and dry process. There are numerous gray areas and some people find that their cases are handled much differently than others. The reason is that each bankruptcy case is highly unique to the debtor’s individual financial situation. Factors such as … Read more
Filing for bankruptcy can be a difficult decision and one that is influenced by many factors. There are numerous details to consider and one matter than can greatly complicate the bankruptcy process is a divorce. Before you decide to file for bankruptcy before or after a divorce, consider the following. The Debts When you file … Read more
A couple getting divorced faces many challenges. Important decisions must be made about if there are any domestic support obligations, how the property is divided and who will take the burden of certain debts. Divorce tends to put additional financial pressure on both individuals as they are solely responsible for supporting their financial obligations. When … Read more
When a couple decides to file for bankruptcy, there are several things to consider about when is the best time to file. Filing for bankruptcy before a divorce can often make the process much easier than filing after a divorce. In a divorce, assets must be divided and shared debts must be managed. There are … Read more