What You Should Know About Divorce and Debt Relief
A divorce essentially reduces a household income in half, making bankruptcy a common occurrence during or soon after the separation. It is much more complicated process than what people may think, however. There are several factors to consider such as when to file and whether to file jointly or separately. Careful planning is essential to protecting the best interests of those involved.
At the Law Office of Jon B. Clarke, P.C., we are well-prepared to explain the issues involved in filing bankruptcy and divorce and how it will affect you. Attorney Clarke has more than 35 years of experience and focuses exclusively in insolvency matters. He can effectively handle even the most complex debt relief cases.
Tailoring a Plan to Your Circumstances
Upon filing for divorce, an individual or couple may determine that the debts are too high to resolve on single incomes. Bankruptcy is one possible option, but with it comes a host of questions and concerns. How will this affect the division of property agreement? Is it better to file now, or wait until after the divorce? How does bankruptcy affect child support payments?
Bankruptcy and divorce lawyer Jon B. Clarke helps clients understand their options and consequences of their decisions, while forming a debt relief plan that is tailored to their situation. This plan will be designed to protect as many assets as possible and give the individual or couple a fresh start to move beyond the financial struggles caused by the divorce. In fact, in many cases, filing Chapter 7 bankruptcy can even rid someone of the obligation to pay their divorce attorney.
Bankruptcy and Legal Separation
Filing bankruptcy is even more complicated when a couple is legally separated. It requires a bankruptcy lawyer to balance multiple households and consider child custody arrangements to determine who is primarily responsible for the care of the children. These cases often require the experience and skill of attorneys like Mr. Clarke to obtain your debt relief goals.
Contact Debt Relief Lawyer Jon B. Clarke for Service in Aurora and Throughout the Denver Area
Contact the Law Office of Jon B. Clarke, P.C., for experienced representation and advice in bankruptcy and divorce issues. To help us get started, please fill out our Business or Consumer Debtor Analysis form, and a representative from our law office will be in contact with you.
Located in Castle Rock, Colorado, we serve clients in need of debt relief throughout the Denver metropolitan area.