Rebecca’s world came crashing down two years ago when her marriage ended. She and her two young children had to find an affordable apartment to rent and her budget continued to shrink due to inconsistent child support payments. Raising children on a limited income is tough enough, but when there are health issues or even a school delay because of inclement weather, Rebecca had to take time off from work without pay.
With money tight, Rebecca was forced to use her credit cards to buy food and pay her bills. Along with the debt left over from her marriage, Rebecca soon found herself unable to make even the minimum payments for her credit cards. She needed credit card help.
Chapter 7 Bankruptcy
Creditors were calling incessantly and Rebecca became overwhelmed. She heard about the Law Offices Steidl and Steinberg and their experience handling situations just like hers. After the free consultation, she had a plan of action, and suddenly life seemed to make sense again. Since Rebecca didn’t have any money left over at the end of the month to repay creditors, she was able to file a Chapter 7 bankruptcy. Rebecca was able to eliminate her debts and concentrate on her children.
Marital difficulties are, unfortunately, one of the leading causes of financial problems. The future of both parties can be compromised by decisions made during the emotional strain of a marital breakup.
That’s why it is imperative that, if you are considering bankruptcy but are also contemplating a divorce, you need to consult a bankruptcy attorney before filing any divorce documents. If you have already filed for a divorce, it is important to consult with a bankruptcy attorney before proceeding further.
This Can Be Complicated, Let us Help
There are no rules pertaining to filing bankruptcy in a divorce situation. Each case is unique. That’s why it is extremely important to discuss your financial future with a bankruptcy attorney as it relates to your marital situation. Let the attorneys at Steidl and Steinberg help!