Obtaining Debt Relief Before or After Divorce
Financial problems can stress a marriage, leading to divorce. The problem many people face however, is that their financial problems do not go away when the divorce decree is issued. In fact, debts can become even less manageable after divorce, when you must support a household on only one income.
If you have unmanageable debts and you are divorced or you are considering divorce, you should consult with an experienced bankruptcy attorney. For many people, it is possible to obtain debt relief while keeping all or most of their property.
I am Daniel R. Bacalis, an experienced divorce attorney who also represents clients in bankruptcy proceedings. I work diligently to protect the assets of my clients while obtaining maximum debt relief.
Contact my firm Daniel R. Bacalis, P.C., Attorney at Law, in Hurst, Texas, today for a free initial consultation.
Protecting Yourself Through Bankruptcy
Divorce in itself can do little if anything to protect you from creditors. If your name is on the mortgage, the lender can still foreclose, even if you are divorced. The same applies for your other jointly held debts. You could find yourself subject of a collection lawsuit or judgment, even though you are no longer married.
Fling bankruptcy however, can provide you with protection, by stopping foreclosure, repossession, garnishment and collection actions. If filing bankruptcy is right for you, I will develop a comprehensive Chapter 7 or Chapter 13 debt relief plan for you. In a few months, you could be on your way to a brighter financial future.
Should You File Bankruptcy Before or After Your Divorce?
There is no clear answer to this question — it depends on your specific circumstances. In a free initial consultation, I can provide guidance regarding this question and others. As your lawyer, I will develop the best overall solution for you.
Tarrant County Asset and Debt Distribution Attorney
Many potential debt problems can be resolved before divorce, by obtaining a fair distribution of community assets and debts in the settlement agreement. I will carefully examine all aspects of your debts to determine potential problem areas. I will insist on removing your name from the title of assets and debts to be transferred to your spouse, including your home, vehicles and other property.
For a free initial consultation with a Fort Worth bankruptcy and divorce attorney, contact my firm.
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We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
