Tennessee Bankruptcy and Divorce
There are several ways in which bankruptcy can help you if your marriage is in trouble. If money is the source of your arguments, a fresh start can help relieve the tension so you can focus on making your marriage better. If you are divorcing, a bankruptcy can wipe out old debts, allowing each of you to start over with a clean slate. If you are already divorced, a bankruptcy can relieve debt so that child support payments can be made on time.
At David Holmes, Bankruptcy Law, we understand the stress that money problems can create. Our job is to help relieve those money problems through bankruptcy. David Holmes is a Board Certified* bankruptcy specialist. At our law firm, bankruptcy law is our focus. Please contact us for debt relief help.
When money troubles cause arguments, consider a Chapter 7 or a Chapter 13 bankruptcy to get a fresh start, save your home, your car and, perhaps, save your marriage.
Common Divorce and Bankruptcy Concerns
Because our attorneys focus strictly on bankruptcy law, we see some of the same concerns over and over again. Perhaps you have some of the concerns listed below. For all of your bankruptcy concerns, please give our office a call for a free initial consultation. All inquiries are strictly confidential.
- Is our debt all marital debt — even if my spouse charged on the card? In almost all cases, yes. Assets and debts that were incurred during your married time are yours jointly. Ask us how a bankruptcy will affect this debt.
- I'm behind in my child support? Does that go away with a bankruptcy? No. Past due child support never goes away. Talk to us about a Chapter 13 repayment plan.
- What if I lose my job while I am in Chapter 13? If you lose your job, our attorneys can arrange for a Chapter 13 plan payment suspension while you look for another job.
- What if my hours were cut back while I am in a Chapter 13? If you have less income, we can make a motion to modify your Chapter 13 plan payment amount.
- Our only asset is the equity we have in our home and it is facing foreclosure. Will we lose our equity in the divorce? A home is protected under bankruptcy law. This is a complicated issue. We will be happy to discuss your options with you for remaining in the home, division of equity and bankruptcy.
Call 615-206-4617
Start over with bankruptcy — and perhaps save your marriage. Our law firm helps individuals and families in Gallatin, Portland, Hendersonville, Lebanon and the surrounding area. Let us evaluate your financial situation and help you identify your options. Your first consultation with a lawyer is free with no obligation. Call or send us an e-mail today.
* David Holmes is Board Certified as a Consumer Bankruptcy Specialist by the Tennessee Commission on Continuing Legal Education and Specialization. Certified by the American Board of Certification. The service offered is bankruptcy relief under the United States Bankruptcy Code (Title 11, USC). We are a debt relief agency. We help people file for Bankruptcy relief under the bankruptcy code.
