Unfortunately, many marriages seem to end in divorce these days. This can be a trying time for someone. One of the biggest issues in a divorce is money. It can get very expensive to divorce a spouse, and many times, this leads to many personal bankruptcies. Many married people’s lifestyles are based on two incomes. Then, when a divorce happens and suddenly one of those incomes is gone, there just isn’t enough money to pay the debts—and bankruptcy is the result.
If you are going through a divorce, or if you have just completed one and find yourself buried in debt, come in and consult with one of our knowledgeable bankruptcy attorneys. It can really make a difference. There are some debts resulting from a divorce that cannot be discharged in bankruptcy—like child support and alimony—but there are others that qualify. Debts that result from a divorce can be discharged in chapter 13 but not chapter 7. Sometimes, your divorce attorney may or may not know the rules to help guide you. Come in and consult with us, or give us a call when you are ready, and we will help you find a way out of the debt.