Bankruptcy After Divorce
How Do You Handle Bankruptcy After Divorce?
There are many people who find themselves in financial difficulty after a divorce. In some cases, the couple’s joint income is enough to support one household, but, separately, they are often not able to make ends meet. In other cases, the financial burden created by the divorce agreement is sometimes too much to bear. Our firm can walk you through filing bankruptcy after divorce.
If you are having difficulty keeping up with your bills, consult with an experienced bankruptcy lawyer to explore your debt relief options. At the Steadman Law Firm, P.A., we have helped many people work through their financial challenges after a divorce.
Helping You Get Back on Track
We understand the stress that comes with financial difficulty, especially after going through a trying divorce proceeding. We will work with you to find the right debt relief solution to fit your needs. There are certain divorce-related debts that you may be able to eliminate through bankruptcy, and others that you cannot dispose of.
For example, any court-ordered child support or spousal support cannot be eliminated, but you may be able to make up your back payments through a Chapter 13 payment plan. However, if you were ordered to pay a debt — such as a credit card bill — in the divorce settlement, it may be possible to eliminate it completely in a Chapter 7 filing.
As you can see, there are a number of options that can be pursued in these situations. Our founding attorney, Richard A. Steadman Jr., will help you understand all the pros and cons of a particular course of action and give you all the information you need to make a sound decision. We provide personalized service to every client. We will be there with you every step of the way and see you through to the end.