The divorce process requires you and your spouse to divide more than just your assets — you must also divide the responsibility of paying off debts. Often, one spouse agrees to take responsibility for the debt and then discharges the debt in bankruptcy, leaving the other spouse to face creditors alone. The unfortunate truth about these scenarios is that they cannot be undone, but they can be avoided. When both parties in a divorce agree to file a joint bankruptcy, they can both start fresh. Running Law Firm provides consulting services to divorce attorneys and their clients who want to be proactive about their debt.
Filing for bankruptcy offers many benefits, including:
By taking proactive steps and making informed decisions, it is possible to prevent serious financial problems from becoming a burden in the future. With 25 years of combined legal experience, our attorneys can help you understand your options. We will work toward a solution that may help you achieve your financial goals.
For assistance with bankruptcy in Minneapolis, Minnesota, contact Running Law Firm at 612-279-2660.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.