Divorce and bankruptcy are both legal processes that can help you reconstruct your life. In some cases, people need both divorce and bankruptcy at the same time. In fact, either one can lead to the other:
- Financial stress can cause conflict in a marriage; or
- Divorce can be expensive and leave each side with less income to use towards debt repayment.
If you know you are likely to file for both divorce and bankruptcy, choosing which one you do first can affect how your bankruptcy case is settled and which form of bankruptcy you qualify for.
Bankruptcy Before Divorce
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