If you are struggling to get out from under overwhelming debt during the course of a divorce proceeding, bankruptcy may be your path to a fresh financial start. Ask yourself

Protecting your property during bankruptcy is possible. It can be rather frightening knowing that your creditors can make claims against financial assets and personal property when you file for bankruptcy.

There are a number of bankruptcy myths that can keep a person from turning to bankruptcy as a solution for their debt, especially when a divorce is involved. It is

Repossession occurs when a creditor seizes a piece of property that was used to secure a loan. If you default on that loan, the creditor has a right to take

Chapter 13 Bankruptcy (also known as a “Wage Earners Bankruptcy”) allows you to restructure your debts without having to worry about income or surrendering assets. It is called “Wage Earners

One of the worst parts about struggling to overcome debt, especially during or after divorce, is wage garnishment. In many instances, creditors who receive judgment against you can have your

The means test became part of bankruptcy law in 2005 to help individuals determine their eligibility for bankruptcy, as well as determine which kind of bankruptcy is the best for

The process of foreclosure happens when you are unable to make the mortgage payments each month and the lending company initiates a process to repossess your home. This usually happens

With debts at unprecedented levels (especially student loan debt), many divorcing couples are finding themselves splitting up debts rather than assets. Common Debts Common debts that are divvied up in

In this economy, bankruptcy and divorce do often come hand in hand.  Many people facing financial difficulties are also dealing with the increased strain that places on their marriage, and