Bankruptcy Can Help Resolve Post-Divorce Debt Issues
Among the many problems encountered by divorcing spouses is the allocation of marital debt. Assets as well as debt are divided between spouses and if your spouse accrued significant debt during your marriage, you could be left with the bill after the divorce. At Belknap & Mayer, P.C., we understand the nuances of bankruptcy law in relation to divorce and child support. We can help you solve your debt problems, so you can get on with your post-divorce life.
Take the first step toward putting your divorce and marital debts behind you. Contact us today online or by phone at 215-874-5415. We serve clients in Yardley, Pennsylvania Bucks County, Montgomery County and throughout the surrounding area.
Divorce and Bankruptcy
Divorce is an example of a change in family status that can cause someone to incur a lot of debt and require the relief that bankruptcy can offer. Perhaps one household could handle the debt, but suddenly, the household is split up and the debt becomes unmanageable.
Bankruptcy is effective for discharging marital debt and an efficient tool for managing debt in divorce. At Belknap & Mayer, P.C., we urge clients to consider filing for bankruptcy before getting divorced. If you have substantial marital debt and are heading toward divorce, getting that debt discharged before the divorce can save you significant time and money down the road.
Dealing with marital debt issues requires extensive legal skill and experience. A novice practitioner may not understand the nuances that the Bankruptcy Code sets forth. Our bankruptcy attorneys are well-versed in all aspects of the law and are fully equipped to guide you through these complex matters.
Child Support and Bankruptcy
Child support is not dischargeable under any circumstances. Whether you file for Chapter 7 bankruptcy, Chapter 11 bankruptcy or Chapter 13 bankruptcy, you will remain responsible for any child support obligations you may have. In fact, when you file for bankruptcy, you must certify to the court the status of your child support payments.
Contact our Yardley, Pennsylvania Office Today
If you are struggling with substantial post-divorce debt, we can help you find solutions. Contact us today online or by phone at 215-874-5415 to speak with an experienced bankruptcy lawyer. We serve clients throughout southeastern Pennsylvania from our conveniently located law office in Yardley.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
