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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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I am a hard working and proud individual. So when I came to the realization that I might actually have to file bankruptcy, it really ran against everything my parents ever tried to instill in me. I have to say that I was embarrassed and a bit ashamed. However being a realist, I contacted your firm…
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