Bankruptcy Issue Attorneys in Northern Virginia

Northern Virginia Debt and Divorce Lawyers

Financial difficulty can often be a catalyst for divorce. In many marriages, there will come a time that the money problems are simply more than the relationship can endure. In some instances, one of the spouses might consider filing for bankruptcy as a way to find some relief from an unmanageable debt load.

If you are considering bankruptcy and concurrently going through a divorce, or if your divorce has already been finalized, it is important that you seek the advice of an attorney. Understanding your bankruptcy options before and after divorce, as well as knowing what bankruptcy can and cannot do for you, can help to determine the best course of action for your situation.

The northern Virginia bankruptcy in divorce lawyers at HALE BALL MURPHY, PLC dedicate their entire practice to divorce and related matters. We can counsel you about bankruptcy issues and give you the information you need to make the best decision for you and your family.

Bankruptcy Before the Divorce Has Been Finalized

Many of our clients want to know where they stand with regard to creditors and who is holding the bag in terms of their debts. Many couples face financial difficulty due to job loss, excessive credit card debt, medical bills, underwater real estate or other issues. In some cases, divorce can compound the difficulty for both spouses.

Our attorneys will advise you about your options, including the possibility of filing a joint bankruptcy prior to getting divorced.

Bankruptcy After Divorce

After a divorce has been finalized, the spouses can find themselves in financial difficulty because the money that once supported one household now must support two. If you are considering bankruptcy, be sure that you understand your rights before you proceed. There are certain debts that can and cannot be discharged in bankruptcy. Among those that cannot are child and spousal support obligations, as well as other legal judgments.

We will take the time to review your situation and give you our best advice about which debts you may be able to discharge.