When facing both a divorce and financial hardship, one of the most pressing questions is timing: Should you file bankruptcy before or after your divorce? The answer depends on your unique financial situation, the type of bankruptcy you’re considering, and how your divorce proceedings might impact your debts and assets. In this article, we’ll break…
Continue reading ›The question often arises to what extent are divorce debts discharged in bankruptcy?A divorce often generates several different types of debts to a divorced person considering filing for bankruptcy. Chief among them are: Domestic Support Obligations The Bankruptcy Code exceptions to discharge of divorce debts are divided into two categories. One category is domestic support…
Continue reading ›
