Category Archives: Bankruptcy

Bankruptcy and Divorce Obligations

October 2, 2007 – 4:55 pm

Interesting and timely post today on the Bankruptcy Law Network concerning what the bankruptcy reform of 2005 may have had on divorce obligations.
Bankruptcy and divorce law do not always play well together. Here’s how it looks after the October, 2005 reforms.
Child custody and visitation: Not affected at all by bankruptcy. No change […]

By Divorce Help Network | Also posted in Debt Division | Comments (0)

Can I Be Held Liable for My Late Fiance’s Debts?

September 10, 2007 – 8:26 pm

The answer was provided by Bankruptcy Law Network
Are you responsible for another person’s debts? Usually the answer is “no,” but can you think of circumstances when you might?
Question
I discovered 2 months after the fact, that my fiance had borrowed $15,000 from a friend. No contracts or notes were signed. He paid back $7,500. He died […]

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Should Divorcing Spouses File a Joint Bankruptcy Case?

September 10, 2007 – 4:48 pm

Here is a common question.

I just filed a divorce complaint for a client.”Her husband is talking to a bankruptcy attorney about filing for bankruptcy.”He probably will not fit into a Chapter 7.”Is there any reason that my client should file jointly with him or hold off the divorce?”Thanks.

Here is the response from theBKblog: Sometimes it […]

By Divorce Help Network | Also posted in Debt Division, Divorce | Comments (0)