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Filing for Divorce and Filing for Bankruptcy in Michigan. Should I file a bankruptcy prior to filing for divorce or should I wait?
Posted by AcclaimLegalService
Financial issues and related stress is widely considered one of the top reasons for divorces in the United States. It is therefore not surprising that filing for divorce and filing for bankruptcy might be considered around the same time. What timing is best for couples considering their options for both? The answer, if you and your spouse have debt and are considering filing for bankruptcy, it is more beneficial to file jointly as a married couple than to try to file individually after the divorce has been settled.
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Acclaim Legal Services was extremely helpful to us during a very distressing time of our lives. We started off with a chapter 13 then the economy dropped even further and after a year and a half we had to file chapter 7. We had many obstacles to overcome having owned our own business for over 23 yrs.…
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