Are You Facing Bankruptcy AND Divorce?
Bankruptcy and divorce often go hand-in-hand. In fact, divorce is one of the leading factors in people's decisions to file for bankruptcy. If you are potentially facing divorce and bankruptcy, consulting with an experienced lawyer can be paramount to the success of both your divorce case and your bankruptcy case.
At the Holly Schumpert Law Office, located in Memphis, Tennessee, I educate individuals about effective debt relief solutions, explain the bankruptcy process and help them make a fresh financial start through Chapter 7 bankruptcy or other debt relief strategy. Contact my bankruptcy law firm to learn more about how to regain financial independence with the help of a Memphis bankruptcy and divorce attorney.
Regardless of the stage in your divorce or bankruptcy case — or if neither case has yet initiated — I understand that you likely have many questions about the intermingling of your divorce and bankruptcy, and the impact each will have on one another:
- Should I file for bankruptcy or divorce first?
- Can my spouse discharge spousal support obligations by filing for bankruptcy?
- How are child support obligations handled in bankruptcy?
- Should we attempt to avoid foreclosure or just let the house go?
- Can my ex-spouse's creditors seek debt repayment from me for his/her credit card debt?
- Will a "hold harmless" provision in my divorce protect me from creditors collection efforts?
With over 15 years of legal experience, I understand the significant impact divorce can have on your bankruptcy petition and the impact a bankruptcy petition can have on your divorce. I offer honest, straightforward answers to your questions, and I work with you to devise a solution tailored to your situation.
Every divorce is different. Each case must be looked at based on the specific circumstances and situation of the individuals involved. Sometimes, filing for bankruptcy is beneficial to the divorcing parties to assist in simplifying the divorce by eliminating debt issues. Sometimes, it is more appropriate to file a bankruptcy after the completion of the divorce proceedings to address the post-divorce situation.
Shelby County, Tennessee, Credit Card Debt Relief Lawyer
In a free consultation, I can review your unique circumstance and help you make a smart choice about your financial future. If bankruptcy is not the right answer, I can help you take other actions that can bring you debt relief. Contact my Memphis law office to discuss how I can help. Call 901-323-9000.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
