Bankruptcy Blog

No one want to file a bankruptcy, But changes in our lives can force us into doing things we don’t want to. A divorce can be very hard on our credit. People who have never missed a payment on anything, now find themselves paying the bills on the last day or being late. Increase in […]

A chapter 13 bankruptcy lasts for about 5 years and a lot can change in a relationship during that time. It should be surprising to see that many people go through a divorce in during this time, but in reality, it is not surprising. Many Debtors go through a divorce because of the […]

When you file for a Chapter 13 bankruptcy, some people will include their child support arrears through the Chapter 13 plan. There is some confusion as it relates to the child support and the >Chapter 13 plan. As a Debtor you can only include the amount that you are past due, you can […]

A Divorce is one of the main reason people file a bankruptcy. Reasons are the need for two homes and the expenses that go with that and usually the income has stayed the same. The credit cards are in both names and the judge will usually divide these as best as he can. […]

One of the main reasons people have to file a Chapter 7 or Chapter 13 Bankruptcy is because of a divorce. Many times with divorce also comes the additional expense of child support. Filing bankruptcy will not help get you out of having to pay your child support or to help lower your […]

The number one reason people file a bankruptcy is because of a divorce. With the divorce now there are two homes and bills. Day care might be needed. Cars may have to be surrender because of not being able to afford and the divorce decree will not protect you if the other spouse was […]

Yesterday I had a Chapter 7 debtor come in to attempt to take his credit counseling class so we can get things rolling. The issue is when he first came in he was going to file with his wife. They are now going through a divorce and he can’t seem to get in […]

When you and your spouse decided to cut ties and go your separate ways you thought it would be easy and you would be able to get this divorce behind you quickly and with little pain and move forward in life. When you go to your divorce attorney and they tell you that because […]

When a couple files a bankruptcy together, the attorney they hire represents both parties. He cannot do something on behalf of one Debtor that might hurt the other Debtor. Severing a case is a prime example of something that must be agreed on by both Debtors. The attorney needs to get a […]

One of my clients is married and filed a case jointly with her now ex-husband. As one can imagine when a couple gets a divorce, they are not on good terms. She kept the house in the divorce, and that is the main thing being paid through the bankruptcy. However, the ex-husband […]