Bankruptcy Blog

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 [...]

A divorce is the number one reason people file a bankruptcy. Money is usually a factor in the divorce in the first place, but then add on to the situation another home and expenses.
Our credit is very fragile in the first place, but now add on slow payments or even no payments. Choices have to [...]

A divorce is a killer of our personal life and financial life. Few people survive after filing the divorce and it not affecting their credit. Our credit is all about paying bills and when the divorce starts there is always less money because now there are two homes attorney,s fee. One spouse going crazy [...]

If you Divorce while in active Chapter 13 case then you may decide not to remain in current bankruptcy case with spouse. You can sever your final financial ties after divorce by filing a Motion to Sever Chapter 13 bankruptcy case.
It is best if both parties are in agreement for one debtor remain in current [...]

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 [...]

There are times when people become behind on their child support. They come in to file for bankruptcy to help them with their debt and file for a chapter 13. In a chapter 13 you can include your arrears on your child support and continue to make your regular monthly obligation payments. [...]

A Debtor came to our office today to discuss his bankruptcy options. He has previously filed a Chapter 7 in 2003. He filed that bankruptcy in an attempt to discharge a debt he owed his ex-wife. When they got divorced, he agreed to pay her alimony for 10 years. He then [...]

A divorce is the number one reason people will or should file a bankruptcy because the divorce is the quickest way to destroy your credit. If there is a separation now there are two homes to run. The attorneys to do the divorce are not cheap. One person was not working but watching the kids, [...]

Divorce is the number one reason that can cause a person to file a bankruptcy. With the divorce and separation the expenses are going to be going up. If there is a house one is going to try and keep it and one is going to be moving into an apartment with additional utilities. The [...]

One of the requirements for being in a Chapter 13 if you have a child support obligation is that you must be making all post-petition child support payments. If a Debtor is not current on child support payments, the Attorney General’s office can see to it that the confirmation of the plan is denied [...]