Divorce is one of the primary causes of a Chapter 7 or Chapter 13 bankruptcy. Divorce puts your finances into disarray. If your debt becomes too much, we can help you obtain the financial relief you need and get your finances back in order.
One of the first things we need to do is review your divorce decree to determine the types of debt you have to deal with after your divorce. It is important to understand that there are certain types of divorce-related debts that cannot be discharged. For example, you cannot eliminate your obligation to pay child support.
When it comes to your marital credit card debt, we must be careful. While you can discharge credit card debt which prohibits the lender from collecting from you, but your ex-spouse may be able to ask the divorce court to find you in contempt for not paying those debts. A Chapter 13 filing can allow you to discharge this type of debt while also preventing your ex-spouse from going after you in divorce court.
There are many other factors that must be considered in determining which type of bankruptcy filing will benefit you the most. Let us review your individual situation and help you get your debts under control.
Contact The “Milwaukee Bankruptcy Attorneys,” DeLadurantey Law Office, LLC for all your Chapter 7 and Chapter 13 bankruptcy needs. Whether you need debt negotiations or debt relief, or even foreclosure defense, DeLadurantey Law Office will handles bankruptcy matters for the following location – Milwaukee, South Milwaukee, West Milwaukee, Waukesha City, Waukesha Town, Kenosha, Racine, and all other municipalities in Milwaukee County, Waukesha County, Kenosha County, and Racine County. DeLadurantey Law Office, LLC can be contacted by phone at (414) 377-0518.