Is Bankruptcy Right for You?

5 Stars

Rhonella

"When I had my appt I went in very nervous and stressed. When I walked out the door I felt that a weight was lifted off of my shoulders."

Schedule Free Evaluation

Free Case Evaluation: 3 Easy Steps

 

1.

Complete our simple online questionnaire

 

2.

Schedule a free consultation with one of our Attorneys

 

3.

Receive individualized solutions tailored to your situation

Divorce and Bankruptcy

Divorce is a difficult time for both parties involved. Just as the division of assets and property must be managed, liabilities are also divided. Sometimes the final property settlement for each spouse includes more debt than one or both individuals can handle. If you are thinking about divorce, you may want to consider filing for bankruptcy before dissolving the marriage and dividing property.

Englett and Associates handle clients with heavy debt, contemplating divorce. Consult with us prior to filing for divorce to mitigate unnecessary financial liabilities from the marriage. We will thoroughly explain every phase of the bankruptcy process and help you explore all legal remedies within the law as it pertains to married couples. If you cannot file joint bankruptcy we can help you eliminate or restructure debt so that the final settlement is more manageable.

One Spouse Accepts Debt

As part of the divorce settlement, your spouse may accept your part of the joint debt. Even if this happens, your name will still be on every loan and credit card agreement the two of you ever shared.

If your spouse fails to make the agreed upon payments, you are still liable in the eyes of the creditor. Even if you explain your financial arrangement to lenders who attempt to collect from you, this is usually of no consequence. Because of this, it is critical that your name is removed from loan and credit card agreements before your divorce is final.

If You Have Accepted the Debt as Part of Your Settlement

Once you accept the marital debt within the divorce settlement, it is difficult to have it discharged through Chapter 7 bankruptcy. Bankruptcy courts usually consider it as part of the spousal support responsibility. Because child support and alimony cannot be discharged under bankruptcy code, you must reduce or eliminate any other debt before you and your spouse divorce.

Explore your options for bankruptcy and debt relief before you file. You may not be able to eliminate some debt after the fact.

If you’re considering divorce, contact Englett and Associates to consult with a bankruptcy lawyer today at, (855) 215-2280.

We offer debt relief solutions in compliance with U.S Bankruptcy Code.

Our Locations

Orlando

150 North Orange Avenue

Suite 303B

Orlando, Florida 32801

(407) 455-7359

Get Directions

Tampa

100 South Ashley Street,

Suite 600

Tampa, Florida 33602

(813) 496-7375

Get Directions

Fort Lauderdale

888 South Andrews Avenue

Suite 302

Fort Lauderdale, Florida 33316

(954) 334-7776

Get Directions

Fort Myers

5237 Summerlin Commons Blvd

Suite 305

Fort Myers, Florida 33907

(239) 275-2279

Get Directions

West Palm Beach

324 Datura Street

Suite 150

West Palm Beach, Florida 33401

(561) 847-7721

Get Directions

St. Petersburg

970 Lake Carillon

Suite 356

St. Petersburg, Florida 33716

* By Appointment Only*

(727) 497-6076

Get Directions

Lakeland

Lakeland 1102 S. Florida Ave

Suite 121

Lakeland, Florida 33803

* By Appointment Only*

(863) 327-1724

Get Directions

Melbourne

6767 North Wickham Road

Suite 400

Melbourne, Florida 32940

* By Appointment Only*

(321) 460-1646

Get Directions

DeLand

120 South Woodland Boulevard

Suite 203

DeLand, Florida 32720

* By Appointment Only*

(386) 626-0011

Get Directions

Naples

1415 Panther Lane

Suite 374

Naples, Florida 34109

* By Appointment Only*

(239) 201-2527

Get Directions

Miami

3350 SW 148th Ave.

Suite 110

Miramar, Florida 33027

(305) 967-6361

Get Directions

Jacksonville

50 North Laura St

Suite 2566

Jacksonville, Florida 32202

(904) 224-1522

Get Directions