A Fresh Start through Divorce and Bankruptcy
Financial difficulties and divorce often go hand in hand. You might be facing a divorce where either one or both parties are carrying substantial debt. And sometimes the divorce itself is the cause of the debt. Filing for bankruptcy now, before the divorce is finalized, might be your best option.
Both divorce and bankruptcy can be an opportunity for a fresh start for you. At Horwitz & Horwitz, LLC, we know the intricacies of how divorce and bankruptcy law work together. Our attorneys care about our clients, and we can help you navigate the complexities of divorce and bankruptcy. If you have marital debt and are considering a divorce, contact us now for a free consultation.
File for Bankruptcy Now to Avoid Further Problems Later
When a couple is facing divorce and debt issues, filing for bankruptcy before the divorce can help you:
- Save money: You can file jointly for Chapter 7 or Chapter 13 bankruptcy while you're still married. Once the divorce is final, however, you will have to file separately. This adds to attorneys' fees and other costs.
- Avoid liability for your ex-spouse's debt: If you wait to file for bankruptcy until after the divorce is final, creditors could come after you for your ex-spouse's debt that lingers on after the marriage.
- Make a clean break: Sometimes after a divorce, one spouse remains in the house and the other spouse is responsible for all or part of the mortgage payment. If that spouse doesn't pay, the resident spouse could be forced out due to foreclosure. Filing for bankruptcy now, before the divorce is final, can help you avoid the possibility of being forced out of your home, or losing your car to repossession.
Free Consultation | 937-750-8810 | Caring and Skilled Representation
With our experience in bankruptcy law, we can help you through the doubly difficult time of divorce and bankruptcy. We take pride in ourselves for caring for our clients and easing the anxiety of the situation. If you hire us, you will work with a lawyer, not a paralegal or assistant, throughout the process. Either call our Springboro office in Southwest Ohio, or contact us here for a free consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
