Evaluating Your Estate Before Divorce
During the divorce process, whether collaborative or contested, there will be the issue of property division. Property includes real assets, as well as debts, and in order to ensure that it is divided fairly, there will be the process of discovery. This allows both parties to know the full value of each party's estate and what kinds of assets and debts they will each incur. With this knowledge in mind, it is crucial to know whether or not your spouse plans to file for bankruptcy after your divorce.
One of our Winter Park divorce and bankruptcy attorneys can help you by investigating your financial situation and ensuring that your future is provided for. Furthermore, if bankruptcy is inevitable, we can work to ensure that it is done correctly, that the process is streamlined, and that the result leaves as little damage as possible in your situation. Let us help by investigating your situation and providing you with the information and the advice that you need for your future.
Free Consultation for Divorce & Bankruptcy Cases
Do you need an attorney for your divorce case in Winter Park? When deciding which to file first – bankruptcy or divorce – it will depend upon your individual circumstances. In general, it is better to wait until one of the matters is over before filing the other. In some cases, it makes sense to file a divorce first and then file for bankruptcy individually after the divorce is finalized. For instance, if your divorce will involve child support payments, it may be helpful to have those figures finalized before filing for bankruptcy.