Archive for the ‘Bankruptcy and Debt Restructuring’ Category

Article by: Larry Young Bankruptcy and divorce.  Divorce and bankruptcy.  Either can be devastating.  Either can turn your life upside down.  Either will tax your budget and your support network of family and friends.  Yet, few realize the close legal relationship between bankruptcy and divorce. From the stand point of causation, a study by the American Bar Association found that the single largest cause of marital disharmony is financial problems.  Not every couple that files for divorce also files for bankruptcy and not every bankruptcy by a married couple results in divorce.  Because of the fact that the two often… read more »