For many couples, divorce and bankruptcy are interrelated. Financial problems during marriage can cause tensions that lead to divorce. Similarly, a divorce can be financially devastating. Adjusting to post-divorce life financially can be an unexpected struggle.
At the law firm of Johnson & Sclafani, we help clients dealing with divorce and bankruptcy issues. If you are concerned about your financial situation and are facing divorce, we can offer practical advice on how to proceed. Contact our law office today to schedule a free in-house consultation.
When Should I File Bankruptcy?
Many people facing divorce and bankruptcy have questions about the timing of filing bankruptcy. Depending on a number of factors it may be beneficial to wait until after divorce to file bankruptcy individually. In other circumstances, it is better to file during the marriage jointly.
Every client's financial situation is different. Determining if or when to file Chapter 7 or Chapter 13 bankruptcy varies depending on a number of circumstances including income, debt division, and other factors. Our goal is to help you determine which option is most appropriate and beneficial for you.
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