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Effects of Bankruptcy on Divorce

Galveston Divorce & Bankruptcy Lawyer

League & Texas City Credit Card Debt Relief Lawyer

Studies have found that couples most often fight over two things: money and sex (infidelity). If overwhelming debt and the degradation of your marriage have come hand-in-hand, you need to find out how bankruptcy and divorce affect one another.

It is possible for you (or your spouse) to file separately or jointly. It is cheaper to file jointly. Bear in mind that filing separately can have a negative impact on your spouse. This animosity may cause trouble in every aspect of the split-up.

At the same time, if your separate property has been characterized as marital property, you should make every effort to change this designation. Be aware of what your spouse is doing financially.

Exemptions

A major issue in bankruptcy is what property is exempt from claims by creditors. You want to arrange for as many exemptions as possible. For example, if assets paid from your spouse to you are designated as support rather than property division, these funds may be exempt from collection.

The divorce court cannot divide property until it knows what is left of the marital estate. Property division is simpler if there is less debt to partition between spouses.

The interplay between divorce and bankruptcy is complicated. We recommend consulting a bankruptcy attorney in addition to our firm, and we can refer to you a highly competent one.

Our firm benefits from a team approach that brings together attorneys with extensive experience and complementary perspectives. We listen to our clients and are highly responsive. An attorney will get back to you within 24 hours of any inquiry. Contact us for a confidential consultation.

Contact Us Today

We passionately serve clients throughout Galveston County, Harris County and Brazoria County, from Galveston and Texas City to Freeport and Lake Jackson, to Houston and all communities in between. We are ready to help you.

Contact us for a divorce lawyer who will listen and aggressively represent your best interests in divorce and bankruptcy. Our staff is bilingual, we offer reasonable rates, and for your convenience we accept MasterCard, Visa, American Express, and Diners Club.

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Our Office Locations

Seabrook Office:
2833 Nasa Road 1
Seabrook, TX 77586
Phone: 281-849-8877
Fax: 281-326-5019
Map and Directions

Galveston Office:
2501 65th Street, Suite B
Galveston, TX 77551
Phone: 409-209-0367     
Fax: 409-741-3979
Map and Directions