Atlanta Bankruptcy Attorney

Bankruptcy During Divorce

When you and your spouse are considering filing for both a divorce and bankruptcy, it can be difficult to decide which to do first and who to talk to about your situation. Fortunately, the Stadler Law Group handles both of these complex issues and can help walk you through the processes. In addition to having experience in both areas, we can also help you save money and time by ensuring you will not need to work with a separate Atlanta bankruptcy attorney and divorce lawyer.

In most situations, our offices will recommend you file a bankruptcy first because it prevents you and your spouse from each having to file separately. Additionally, it will save you money, as you can share an Atlanta bankruptcy lawyer between the two of you. Better still, it will help you keep more property in your hands and it may help you qualify for a higher income bracket if you are filing for Chapter 7. Lastly, by filing for bankruptcy first, you may simplify your divorce process by disposing of assets before you divorce, ensuring you will not need to worry about dividing these assets and then losing them.

When you file for bankruptcy on a joint debt, it is much easier to discharge the full debt. If only one person decides to file for bankruptcy, then the creditors will often chose to seek the full amount from the person who is not filing. Your Atlanta bankruptcy attorney or divorce lawyer could help you file a contempt of court proceeding to end this unfair collection process, but this can often take a full year, which is why it is much easier for both parties to file for bankruptcy together.

If you are ready to file for bankruptcy and then go through the divorce process, please call our offices and schedule a consultation with a top Atlanta bankruptcy lawyer who also has experience in divorce matters.

If you have any questions, contact an experienced Atlanta bankruptcy attorney.