Comments on: Bankruptcy and Divorce

By: Sandy

Sandy — Sat, 03 Apr 2010 17:13:49 +0000

Thanks for this great post! You just gave me enough highlight on bankruptcy and divorce. Never thought declaring bankruptcy before divorce could be really effective.

By: Dorothy

Dorothy — Fri, 05 Mar 2010 18:49:58 +0000

The prospect of having bill collectors coming after you for the debts your ex was supposed to pay can be unsettling. If you are concerned that your ex will file for bankruptcy, you should bring this up with you attorney so you can discuss ways to protect yourself. Bankruptcy is not a way to avoid court ordered alimony or child support payments

By: Genevieve

Genevieve — Thu, 25 Feb 2010 14:26:46 +0000

Because so many people going through divorce are under financial stress, they often think about the possibility of bankruptcy as a way to get control of everything. If you’re thinking about bankruptcy, or more importantly, if your spouse is thinking about it, you’re smart to pay attention to this information, because the way you word your divorce settlement can have a lot to do with how the bankruptcy affects your divorce, and vice versa

By: Adekemi Adeniyan

Adekemi Adeniyan — Sun, 14 Feb 2010 17:28:17 +0000

I too think Filing for bankruptcy before divorce is very essential.Who wants to end up with an huge debt after divorce. Couples should be very careful to deeply talk to their lawyer about this and work a way out to share the debts before divorce,Otherwise at the end the load of the debts might be much more than the divorce.And i strongly agree with you about the fact that once bankruptcy is cleared before a divorce,one can have a fresh financial start.