In the bankruptcy case involving divorce and a Chapter 7 bankruptcy , a debtor allegedly used the threat to waive his bankruptcy exemptions as leverage in his divorce proceedings. The details of the case:...
Many couples struggling with marital debts that has been piling up every since their wedding day, have successfully used bankruptcy to get a fresh financial start. But what happens when couples are in debt...
According to an article in the The Dallas Morning News, many divorcing couples are finding themselves returning to the negotiating table after one party faces a job loss , reduced income or some other...
Sometimes couples who are clearly hostile towards each and clearly want to divorce are entangled in a web of debt. Is it in the best interest of these couples to file bankruptcy before they...
The 2005 bankruptcy law made non-support obligations from a divorce dischargeable in a Chapter 7 bankruptcy only if the discharge would not harm the spouse who is owed the obligation. However, Chapter 13 bankruptcy...
If you're going through a divorce and you intend to file for bankruptcy afterwards, you may be required to disclose your intentions to your spouse. A recent case found a debtor's divorce related debts...
