You, like many other California residents, found yourself in significant debt thanks to job loss, medical bills or a number of other reasons. You filed for bankruptcy, hoping it would be the answer to your fiscal problems. You received approval, but you are still struggling with debt. Now what?
Financial troubles and divorce go hand-in-hand for many California couples. In fact, disagreements about money still rank high on the list of why people decide to end their marriages. Often, the divorce only rectifies some of those issues and may even create others. For this reason, you may be among many people who realize filing for bankruptcy may provide a better chance at financial stability in the aftermath of the divorce.