We Know How Bankruptcy And Divorce Work Together
All to often, divorce and bankruptcy go hand in hand. Dividing assets and negotiating the debts during divorce can be a challenging and emotional process. We use our experience and knowledge of the bankruptcy code to help our clients discharge eligible unsecured debts while representing our client’s best interests on all divorce matters. Our goal is always to provide our clients with the best opportunities to start a positive new chapter in their life.
We provide divorce and bankruptcy advocacy throughout the North Shore community. We understand the bankruptcy issues you may be facing with your divorce and will work to help you reach a favorable outcome.
Chapter 7 bankruptcy allows individuals to discharge significant and specific debts based on income and other factors. Chapter 13 protection allows you to repay your creditors over a three- to five-year period, and potentially discharge any remaining debt after the repayment plan has ended. Both chapters carry strict guidelines which outline the types of debt individuals can seek to eliminate or reduce.
Filing for Chapter 7 or Chapter 13 bankruptcy can provide debt relief and prevent creditor harassment. Filing a bankruptcy petition creates an automatic stay, or stop, to creditor collection actions. It is important to consult our law firm to determine which bankruptcy protection suits your needs. We can determine whether you can discharge your debts under Chapter 7 or reorganize your debts under Chapter 13.
Court-ordered obligations can never be discharged through Chapter 7 or Chapter 13 bankruptcy protection. These include:
- Child support arrears
- Alimony or spousal support arrears
- Attorneys’ fees
- Court fees
- Extensive Bankruptcy Support
Our extensive bankruptcy support includes providing informed guidance for complex issues. We understand that property division can be complicated by bankruptcy, debt and divorce issues. We can provide legal advice and representation for situations involving complicated debt issues, including:
- Vacation homes
- Upside down mortgages
- Homestead exemptions
Learn Your Options
Speak with us. We offer a free case evaluation. We can discuss issues concerning your divorce as well as possible bankruptcy matters.