When Divorce And Bankruptcy Intersect
Going through a divorce can be difficult enough. For many couples, the divorce process involves bankruptcy as well. When the money that used to fuel one household now has to support two separate ones, it can be a tremendous hardship on the individuals. Divorce itself can push a couple into bankruptcy.
At Robinson Salyers, PLLC, our attorneys have helped many couples and individual spouses in Shelbyville, Frankfort and throughout central Kentucky get the debt relief they need while going through divorce. They are dedicated to helping all people get a fresh start.
Financially Protecting Both Spouses During Divorce
As strange as it might sound, our lawyers advise that both spouses should file for bankruptcy, not just one person. This is due to the issues that must be settled in family court. If only one spouse files for bankruptcy, the court could force the other spouse to repay a portion of the debt. Thus, it is best that both spouses file and eliminate their debts. If your marriage is ending and you are considering bankruptcy, our law firm will represent you individually, but recommends both spouses consult us to file for bankruptcy jointly.
Our bankruptcy lawyers will evaluate each individual’s or couple’s situation and advise on what options seem the best, making sure you understand the bankruptcy process. That includes addressing:
- Chapter 7 bankruptcy
- Small-business bankruptcy
- Chapter 13 bankruptcy
- All types of debt, including student loans and credit cards
- Foreclosure and mortgage modification
- How to stop creditor harassment
Schedule A Complimentary Consultation
To schedule a free initial telephone consultation at Robinson Salyers, PLLC, call one of our Kentucky offices: Shelbyville at 502-220-4439 or Frankfort at 502-257-5417. You can also contact us online to request a consultation.