Chula Vista Bankruptcy Lawyer – Behind medical bills, one of the primary reasons people file for bankruptcy protection is divorce. Divorce is expensive. There are the legal fees. No more dual income. Someone needs to find another residence. Property is cut in half. Real problems start when credit card companies don’t care that you are divorced. Credit card debt, as with some other kinds of debt, is a joint responsibility. If the car payments are delinquent, they can come after either husband or wife. As Chula Vista Bankruptcy Lawyers, we see the financial hardship that divorce can have have on all parties involved.
By filing for bankruptcy protection each party can decide what debts are discharged, what debts are to be affirmed and what side is going to be responsible for the reaffirmed debts.
At the same time, some debts are not dischargeable and certain property will become bart of the bankruptcy estate. That property will be used to pay off certain debts. Whatever decision you choose it is not one to be taken lightly.
Divorce is hard enough as it is without the financial hardship. By filing Chapter 7 or Chapter 13 you can rebuild your financial independence regardless of what the former spouse decides to do. During a divorce certain things may not feel like they are in your control; don’t let your financial future be one of them.
We recommend to our clients to call a bankruptcy attorney BEFORE filing for divorce. A lawyer that is experienced in Chapter 7 and Chapter 13 protection will be able to outline all your options and advise you which is best.
We at the Law Office of Harold D. Thompson are Eastlake Bankruptcy Lawyers dedicated to helping you get out of financial distress. If your debts are piling up and you are looking for a “fresh start” call a Chula Vista Bankruptcy Lawyer that will fight for your rights. Call us TODAY at 619.615.0767 or visit one of our two websites at www.ThompsonLawSD.com or www.MySanDiegoBankruptcy.com
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