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When one spouse files bankruptcy mid divorce your property settlement can stall! I was granted exclusive use of vehicle that I used during marriage and both names are on it!! Our mediator mentioned that I should refinance so I called and unfortunately ex filed bankruptcy and they can not until his bankruptcy proceedings are over with because that vehicle was also listed in his bankruptcy!!! Now that the 401k has to be divided, I get an email from his lawyer that states …. Well I will attach the
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Filing for bankruptcy won’t ruin your life. Don’t take legal advice from people who aren’t qualified, and make sure to understand all your options before making any decision about resolving your debt problems #debt #MoneyWiseLawyer #bankruptcylawyer
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Replying to @JLam61084 Can a Chapter 7 bankruptcy just get declined? Here's something that surprises people. You're entitled to a discharge under federal law. You're not asking a court for permission and you're not asking a trustee. If you pass the means test, you get to file. That's the rule. The only way a court steps in and takes that away is fraud. Hiding assets, lying on your schedules, that kind of thing. But here's the part people don't think through. Once you file a Chapter 7, you cannot
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