Divorce and Bankruptcy

By admin • June 22nd, 2009

In these troubled economic times, more and more people are turning to the protection of the U.S. Bankruptcy Code to resolve their debts and protect their property from foreclosure and repossession.

More than 1 million people filed bankruptcy last year alone, and the numbers are only climbing as the recession hits homes.

Some people are finding that in order for them to save their homes from foreclosure or to gain control of their bills, they need to file bankruptcy in the middle of their divorce.

This can lead to many questions as the legal proceedings of bankruptcy and divorce intersect.

Read on to get answers to some bankruptcy and divorce questions you may have.

 

Leave a Comment

« | Home | »