Divorce Can Easily Lead To Bankruptcy
Divorce is one of the most common reasons that people need to file for bankruptcy protection. The reality of taking the same incomes that had supported one household and using them to support two households is a difficult one. Two mortgages, two sets of utilities, child support – the list of ways life is more expensive after divorce goes on and on.
Many people often find themselves unable to meet all of these new financial obligations. How do you get on your feet when there are so many new bills and no new income?
We can help you explore all options for debt relief to help you deal with the difficult debt situation you are facing. Chapter 7 and Chapter 13 bankruptcy offer people different ways to resolve their debt challenges.
For those who have left their divorces with financial obligations such as child support, spousal maintenance or a division of property order, those obligations can be a major burden. Chapter 13 offers the possibility of discharging a property settlement. Other family law obligations are not dischargeable.
We Have Helped Thousands Of People Get A Fresh Start After Divorce
At Vance P. Truman, Attorney at Law, in Medina, Ohio, we understand how divorce can leave someone in difficult financial straits. Over more than two decades, we have been helping people secure the debt relief they need and have seen many situations where divorce created unsustainable financial challenges. We have helped thousands of people pursue the debt relief they need through bankruptcy, and we can help you build a solid foundation for a stronger financial future.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.