Video Transcription: Normally when parents have an issue with communicating with each other, there is a great website that a lot of attorneys and judges use, called OurFamilyWizard. Now this is an online calendaring program where both parties can actually log in and create an account for their children. On this website, they can post the children's extracurricular activities, doctors' appointments, they can even include requests for exchanges of weekends and whether or not the other custodial parent will actually accept or deny those exchanges. And you can post uninsured medical expenses all to the same website. One of the…
In today’s economic times, divorce and bankruptcy often go hand in hand. It’s important to know what role bankruptcy can play in a pending divorce suit.
You may be able to file for divorce while you have a pending bankruptcy filing and the court may render judgment on issues such as child support or conservatorship issues. Many courts will not award property while your bankruptcy is still pending and your divorce may not be finalized until the bankruptcy has been discharged.
If the court does allow your divorce to be finalized, bankruptcy can have an effect on the property and debts that were awarded in the final decree of divorce. Obligations entered into in a divorce settlement are considered non-dischargeable, which means they may not be discharged in a later bankruptcy filing. And while creditors can’t come after you for payment after you’ve filed for bankruptcy, they can go after your ex-spouse for payment for any community debts. That opens you up to financial liability to your ex-spouse even after your divorce is finalized.
The complexity involved in a joint divorce and bankruptcy make it imperative that you are represented by an attorney who is experienced in divorces involving bankruptcy. Please contact the Ramos Law Group, PLLC if you are interested in consulting with an attorney and obtaining more information.