California Bankruptcy Attorneys can Help through your Divorce
Divorce is the leading cause of bankruptcy in America today. This is no surprise. In fact, it only makes sense when you consider the problem of taking one household with two incomes and creating two households — each with one income.
At Kodam & Associates, P.C., in Murrieta, California serving the Temecula Valley, our attorneys understand the role that divorce often plays in the decision to file for bankruptcy and provide the honest information people need to make the best choices for themselves. We also understand that each situation is different and tailor our advice and services according to the specific needs of each individual client.
You Do Not Have to File Bankruptcy Jointly
Many people believe that husbands and wives have to file bankruptcy jointly. While there are good reasons for doing so, the belief itself is mistaken. In other words, if your spouse is considering bankruptcy because of business problems (or for some other reason) — you don't have to get a divorce just to avoid putting a bankruptcy on your credit record.
Problems Associated With Marital Debts
Since the decision to file bankruptcy typically happens after a divorce, marital debts that were divided as part of the family court case can easily become a problem for the spouse who was not assigned to pay those debts. In other words, if your former spouse doesn't pay their share of the debts after the divorce — those creditors will come looking for you and want their money.
If you're faced with this situation now, don't assume that once you explain things to those creditors everything will be all right. Get in touch with our bankruptcy attorneys in Murrieta, California in the Temecula Valley, as soon as possible.
Visit our Bankruptcy Information Center.
Murrieta Bankruptcy Attorneys and Temecula Bankruptcy Attorneys
Free Consultations ∙ Flexible Scheduling
If you have questions specific to your own circumstances, or if you know you are ready to begin bankruptcy proceedings, call our Murrieta offices at 951-795-4679 or 866-781-9042 (toll free) to schedule a free consultation with an experienced bankruptcy attorney, or send us a brief e-mail message.
We regret that we are unable to accept credit cards as payment for legal services relating to bankruptcy proceedings.
