Bankruptcy Blog Archives

Two of the leading causes for bankruptcy are losing a spouse’s income through a divorce and losing your own job. Many divorces do not end up financially equitable. The eventual separation comes with a large price. For whatever reason, pride or downright vindictiveness, couples who divorce often split the sheets, and their lawyers end up [...]

Cover of Psychic: My Life in Two Worlds Many of you may remember Sylvia Browne, an American author and famous self proclaimed psychic guru. At 73 years old, she recently made the New York Times bestselling list with the release of her autobiography entitled Psychic: My Life in Two Worlds. Whether you believe in psychic [...]

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 financial hardship; [...]

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 not include [...]

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 child support [...]

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 you [...]

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 signed (preferably notarized) [...]

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 does have some [...]

Many people start a bankruptcy with a spouse. This of course is a joint filing, but you find that throughout the process you find that you both can’t live with each other any longer. You file for divorce and find that it is way more complicated than you think. You have been in your bankruptcy [...]

It is common for married couples to file jointly since both spouses are responsible for the debt. In most cases, there is no problems, and is usually recommended, that both spouses file jointly. However, the problem arises when the couple decided to separate or divorce and is in an active Chapter 13 bankruptcy. Usually a [...]