Divorce Magazine

Since 1996 Divorce Magazine has been the Internet's leading website on divorce and separation. We provide advice about divorce law, divorce lawyers, family law, custody, support and other divorce related issues along with a directory of divorce professionals.

 

Bankruptcy and Divorce

Should You File For Chapter 7 Bankruptcy Before Or After Divorce?

Chapter 7 bankruptcy can be one of the best options for individuals or divorcing couples who find themselves in a troubling financial situation, but there are several factors that need to be considered when deciding whether to declare bankruptcy before or after divorce.

Considerations Involving Bankruptcy During Divorce

It is important to do your research and have any bankruptcy-related questions answered. You should speak to a bankruptcy and divorce lawyer as soon as possible even if one of the spouses does not wish to cooperate.

How Bankruptcy Works in Divorce

The decision to file bankruptcy will depend on many outside factors such as income, household size, and status of your marital debts.

Survey: How Student Loan Debt Impacts Divorce

It’s virtually impossible to get student loan debt discharged in a bankruptcy, so you’re stuck with it – which can exacerbate your other marital issues. In fact, more than a third of student loan borrowers claim that debt contributed to their divorce.

Can My Spouse File For Bankruptcy To Avoid Paying Child Support?

John J. Gilligan, a family lawyer in Long Beach, answers: The filing of bankruptcy does not discharge a child support order. Child support must still be paid by the bankrupt party in the amount set forth in the family law court order. John Gilligan is a founding partner at the family law firm offices of […]

What happens in a case of shared debt?

What happens in a case of shared debt? For instance, if one spouse started a business during the marriage and lost money, are both of the spouses equally responsible for that debt?

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