Which comes first – the Divorce or the Bankruptcy?

I couldn’t have said this better myself.  I get a lot of questions regarding divorce and bankruptcy and how the two relate.  (Honestly, it usually starts with “do you do divorce work?” followed by a resounding “No!”.  I learned a long time ago, I don’t like fighting over microwaves, etc.)  This article sums it up nicely, including the most common question “should I file divorce first or file bankruptcy first?”.  I will add that the way divorces affect a bankruptcy filing and vice versa can be quite complicated depending upon the wording of the divorce agreement, therefore, as the article says “don’t try this at home.”

Bankruptcy and Divorce – The Short Version | Malcolm Ruthven – JDSupra.



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