If you need to seek bankruptcy, the chances are that you're struggling with overwhelming debt or a lack of income. It's possible to get the majority of the debt discharged in most cases. For example, if your debts are all medical or on credit cards, there's a high likelihood that you can have it discharged through a Chapter 7 bankruptcy. If you earn too much for Chapter 7, you can opt to go through Chapter 13 bankruptcy instead and make monthly payments to satisfy lenders.
What happens when a former spouse declares bankruptcy?
It takes some time to recover emotionally after a divorce. It can take time to recover financially as well. Once the dust settles, you plan on devoting time to getting your money matters in order.
Why do you need special help for same-sex divorces?
In most situations, a same-sex divorce is the same as any other. Two people need to separate their assets, set up custody arrangements and work through other factors involved in their divorce.
Get to know your rights when you are unmarried with a child
When you and your child's parent are not married, it can make life a little more difficult. The father of the child likely has to pay child support, and you have to designate visitation times and custody arrangements. In reality, it's similar to how people who go through a divorce have to raise their children, but they have the divorce to worry about at the same time.
