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Considering Bankruptcy And Divorce Together
Financial hardship is a common cause of divorce, and yet divorce can lead to even more financial stress when a divorced party finds there is no longer income to pay the bills. At Law Offices of Ira C. Yellin, LLC, we can discuss with you the options of bankruptcy and divorce together.
You may be wondering when is the best time to file for divorce and, if you have debt, whether you should file jointly with your spouse or wait until the divorce is completed. All of these questions are important. The answers will depend upon your particular circumstances.
How We Approach The Tough Questions
Our lawyers understand the questions going through your head at this point in your life. We can talk with you about the best option for moving forward, given your particular situation. We give all of our clients individualized attention and quality bankruptcy advice. We will examine every factor that plays into your situation such as the debt you owe and how well you and your spouse can get along.
After looking at all the factors surrounding your marriage, we can then determine what will be the best steps for securing your financial future. Sometimes filing for bankruptcy before making a divorce agreement is better because both spouses go into negotiations knowing what debt they owe. However, every situation is different. That is why you need a bankruptcy attorney to analyze your situation.
Contact Us For A Free Consultation
From our office in Franklin, we help clients with bankruptcy and divorce in Wrentham, Boston and the surrounding areas.
The Law Offices of Ira C. Yellin, LLC, is a debt relief agency as defined by the Bankruptcy Code, 11 USC § 101(12A).