Divorces can be expensive in many ways, and for some people, being stuck with all the marital debt or a large portion of it can mean that filing for bankruptcy is inevitable. Filing for bankruptcy after a divorce does not always mean that a person’s obligation to pay off all debt is cancelled. Depending on the steps… [Continue Reading]
Money Troubles, Marital Woes: When You’re on the Brink of Bankruptcy and Divorce
Ask any marriage counselor what a leading cause of marital strife and eventual divorce is and you will hear financial problems (along with infidelity, stresses of raising children and in-law issues). Divorce or the possibility of divorce is incredibly difficult. What happens if your financial house is also crumbling? The answer is: it depends. Many… [Continue Reading]
