Divorce Considerations
Divorce can lead to extreme financial hardship for both parties, especially in cases where one spouse is ordered to pay child support or spousal support. Divorce is one of the primary factors in Arizona personal bankruptcy.
In cases where there is enough money to support one household together, running two households separately can create some financial issues. If you have been divorced and are having trouble keeping up with your bills, please consult Thompson Law Firm.
We will help you find the best debt solution for your financial situation such as Arizona Chapter 7 Bankruptcy, Chapter 13 bankruptcy, or other alternatives including Debt Settlement or Loan Modification.
Dischargeable and Non-dischargeable Debts
If you are divorced and you are considering bankruptcy, there are some important issues that you need to understand from the outset.
Bankruptcy can provide you with debt relief from all the dischargeable debts you include in your petition. The key word here is dischargeable. There are some debts that cannot be discharged. These include child support and spousal support payments that you have been ordered to pay as part of a divorce agreement.
Call 800-584-1803 to make an appointment with a Thompson Law Firm Chandler bankruptcy attorney. Or you can fill out the form for a FREE EVALUATION. An attorney from our firm will contact you promptly and help you set up an appointment to discuss solutions for your financial situation. Arizona Legal Advocacy Group, LLC serves Arizona communities in Maricopa County, including Phoenix, Scottsdale, Tempe, Apache Junction, Queen Creek, Chandler, Gilbert and beyond.
