What Do I Do If My Spouse Has Filed For Bankruptcy?
Are you in the midst of a divorce proceeding? Did a divorce ravage your life savings and income? Has your soon-to-be ex-spouse filed for bankruptcy?
If you are preparing for a divorce or you have recently been through a divorce and your spouse has decided to file for bankruptcy, you need to protect your financial security. Creditors are not bound by the details of a divorce agreement. This means that if your spouse files for bankruptcy, those creditors may come after you for the full amount of those debts.
Don’t panic. Let an experienced bankruptcy lawyer at the law firm of Robertson, Oswalt & Associates help you understand the implications and your options. With four office locations in Little Rock, Conway, Benton and Heber Springs, we provide skilled legal services to clients throughout Arkansas.
Why Bankruptcy And Divorce Often Go Hand-In-Hand
In many cases, financial stress and marital stress are often connected. Many people who are considering divorce are also dealing with issues of personal and joint debt. Once a divorce is finalized, the change from a two-income household to a single-income household can lead to a whole new set of financial problems that bankruptcy is able to address.
If your spouse is filing for bankruptcy, talk to one of our experienced attorneys at Robertson, Oswalt & Associates about your options. It may work best for you to file for a Chapter 7 or Chapter 13 bankruptcy as well.
Free Consultation ~ No Judgment ~ No Obligation
There is no judgment. Bankruptcy is designed to help people obtain a fresh start, free from the stress and burden of unmanageable debt. We have helped many people obtain debt relief, and we are happy to speak with you during a free initial consultation to determine if we may be of help to you.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.