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How does bankruptcy affect my divorce?

If you are filing for bankruptcy before the divorce and you have some joint debts, while the joint debts … You will no longer be liable to the creditors, it may still be considered as part of the divorce. In other words, if you had a joint credit card of $20,000, and you bankrupted but your wife did not bankrupt it, and she’s still liable, the court may award her more assets on her side, because she’s going to 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. You want to seek the advice of an attorney before you ever file for bankruptcy, or file for divorce.

All Family Law Group, P.A.
The law firm of All Family Law Group (Lynette Silon-Laguna, P.A.) provides legal services to the cities of Tampa, Clearwater, Brandon, Riverview, Lakeland, Valrico, Gibsonton, Lithia, Mango, Palm River, Plant City, Seffner, Sun City Center, Apollo Beach, Ruskin, Temple Terrace, Carrollwood, Thonotosassa, Lutz, FishHawk, MacDill Air Force Base, and all of Hillsborough, Pinellas & Polk Counties.

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