Divorce comes with its own array of financial concerns, but for those that are facing both the end of their marriage and significant, pre-existing debt, the outlook can seem bleak. Should you file for bankruptcy before or after your divorce? Will filing for bankruptcy affect my spousal support or child support payments? One of our knowledgeable divorce attorneys can explain your situation and find answers to these critical questions.
If you are struggling with significant debt and recently got divorced or are considering a separation, we at Ford & Friedman invite you to contact us today. We understand the financial challenges divorcing couples face and can help you determine the best bankruptcy options for your long-term financial well-being.
A brighter future can be possible. Contact our firm at (702) 904-9898 today to start exploring your financial options.
If you are an individual filing for bankruptcy, the first thing you need to determine is what type of bankruptcy to file for. Typically, Chapter 7 and Chapter 13 bankruptcy are the most common and appropriate options.
Chapter 7 bankruptcy can wipe the slate clean and eliminate all the debt that you and your spouse owe. However, many people are unsure whether to file before or after their divorce—or if they should file together or as individuals.
Ford & Friedman is a debt relief agency and our experienced, knowledgeable Henderson divorce lawyers can advise the best course of action in light of your unique financial circumstances. We help people file for bankruptcy relief under the Bankruptcy Code and can put our clients back on a positive financial trajectory following their divorce.
Learn more about how we can assist you in an initial, no-obligation case evaluation with our team.