Tampa divorce attorneys family lawyers in Tampa, Riverview, Apollo Beach, Brandon, Carrollwood, Northdale, South Tampa, Hillsborough County, Pinellas County, Pasco County Florida
Se Habla Español Call NOW for a *FREE Consultation 813-672-1900 Or TEXT to (813) 543-8960 Financing Available * Free in most cases
  • Facebook
  • Search

How does bankruptcy affect my divorce?

If you only one of you file for bankruptcy before the divorce and you have some joint debts, you will no longer be responsible to the creditor; however, your wife or husband will still be liable to the creditor for the full amount.   Although you will no longer be liable to the creditors, the debt may still be considered as part of the divorce. In other words, if you had a joint credit card of $20,000 and you discharged your portion of this debt in bankruptcy prior to the divorce; however, your husband or wife did not, then he or she will still be liable for the full amount.  Therefore, the court may award the party who did not file for bankruptcy more assets on his or her side, because she or he will have to continue paying for that debt, even though you are no longer liable for it. It will have different effect depending on what your unique situation is.  If you both file for bankruptcy before the divorce and discharge all of your debts, then debts will not be an issue in the divorce.  It is to your benefit to seek the advice of an attorney before you file for bankruptcy or file for divorce.

All Family Law Group, P.A.
The law firm of All Family Law Group, P.A. provides legal services to the Florida cities including Tampa, Clearwater, Brandon, Riverview, Hyde Park, South Tampa, Ybor City, Northdale, Valrico, Gibsonton, Lithia, Mango, Palm River, Plant City, Seffner, Sun City Center, Wimauma, Apollo Beach, Ruskin, Temple Terrace, Carrollwood, Northdale, Westchase, Citrus Park, Town N Country, Thonotosassa, Lutz, Fish Hawk, New Tampa, St. Petersburg, Palm Harbor, MacDill Air Force Base and all of Hillsborough, Pinellas and Pasco Counties. We will also represent DIVORCE clients in Polk, Hernando or Manatee Counties.

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

No content on this site may be reused in any fashion without written permission from All Family Law Group, P.A.

MileMark Media - Practice Growth Solutions

© 2014 - 2024 All Family Law Group, P.A. All rights reserved.
This law firm website SEO by Lynette Silon-Laguna and website management by MileMark Media.

Contact Form Tab