Divorce Or Bankruptcy: Which Should Come First?
If you are going through a divorce and can foresee being stuck with a great deal of debt, you may want to consider bankruptcy. If you have divorced recently and are dealing with the financial problems that often come when transitioning from a two-income household to a single-income household, you may also be wondering if bankruptcy is right for you. For many, Chapter 7 bankruptcy and Chapter 13 bankruptcy are positive solutions to debt problems. Bankruptcy may very well make perfect sense in the wake of your divorce.
At the Law Offices of Brian A. Barboza, in Santa Rosa, California, we are here to help you determine if bankruptcy is right for you and to personally guide you through the process. Contact the law firm to schedule your free initial consultation.
Timing Is Everything When It Comes To Divorce And Bankruptcy
We encourage you to contact an attorney at our law firm as soon as possible because timing is critical in cases like these. In some cases, it may make sense to file bankruptcy prior to your divorce being finalized. More often than not, waiting until after your divorce is the right thing to do. The most important thing is that we carefully review your case to come up with the strategy that makes the most sense in your situation.
Many aspects of divorce can affect when bankruptcy should be filed. Is it possible that the property will be divided in such a way that you are left with the house and other major assets after your divorce, assets that may impact how your bankruptcy is handled? Are you the breadwinner, making enough now that you do not qualify for bankruptcy? That may change after a property is divided and child support and alimony payments are established.
Contact Us For A Free Initial Consultation With A Chapter 7 Bankruptcy Lawyer In Santa Rosa
Divorce and bankruptcy can go hand in hand. If you would like to learn more about bankruptcy and divorce, call our offices in Santa Rosa at 707-304-5251 .
Call us at 707-304-5251 to learn more.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.