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Over 40 Years Of Experience At Your Side

Phone: 607-821-0100 | Toll Free: 866-539-2596

Modest consultation fee for Divorce and Family Law

Phone: 607-821-0100

Toll Free: 866-539-2596

Modest consultation fee for Divorce and Family Law

PLEASE NOTE: To protect your safety in response to the threats of COVID-19, we are offering our clients the ability to meet with us via telephone or through video conferencing. Please call our office to discuss your options.

Compassionate, Caring And Professional Services
For Over 40 Years.

Compassionate, Caring And Professional Services
For Over 40 Years.

Compassionate, Caring And Professional Services
For Over 40 Years.

Compassionate, Caring And Professional Services
For Over 40 Years.

Compassionate, Caring And Professional Services
For Over 40 Years.

Compassionate, Caring And Professional Services
For Over 40 Years.

Compassionate, Caring And Professional Services

Could bankruptcy save your marriage?

| Jun 24, 2015 | Property Division |

It has been known for quite some time that money problems contribute to divorce, and if you have ever faced serious financial trouble, then you understand why. Debt problems cause stress, and that stress can result in friction between spouses.

As the debt continues to mount, so does the friction — until a breaking point is finally reached and one or both spouses decide to call it quits.

But what if the debt problems were to go away? Would all of your marital problems disappear? Probably not, but it could reduce conflict enough to make a reconciliation possible.

As a divorce and bankruptcy law firm, we understand how financial problems and marital problems can go hand-in-hand. In some cases, pursuing a Chapter 7 bankruptcy together provides such drastic debt relief that it reduces marital stress and makes it possible for the couple to stay married.

While no one would ever think of filing for bankruptcy as a way to save a marriage, that’s exactly what happens in some cases. However, whether or not this will work for you entirely depends on your unique situation.

If you are considering a divorce and are also struggling with financial problems, talk to an attorney with experience handling both types of cases to better understand your options.

Even if you ultimately decide to end your marriage, filing for Chapter 7 bankruptcy jointly can help address many of the concerns that could otherwise lead to an expensive, lengthy and contested divorce. Keep reading for more information on divorce and bankruptcy.

No matter how hopeless things may seem today, know that a brighter future is possible that and you deserve it.