Getting divorced, as I learned firsthand several years ago, can be financially devastating, and in many cases, it can lead to bankruptcy. If you are in the midst of a divorce and thinking about bankruptcy, I am glad you have found my blog. Here, I am going to answer all kinds of questions about debt, divorce, and when to declare bankruptcy. I hope that you can learn from the information I have amassed over the years. I ultimately decided to declare bankruptcy, but I know that it's not the right decision for everyone, and I hope to guide you toward the right decision for your life. Thanks for reading and good luck with both your finances and your new future.
When a bankruptcy law firm works with a debtor, one of the big goals is to make sure the client stays on a straight and narrow path. Although it's a fairly rare allegation to come up in a bankruptcy proceeding, fraud accusations can derail your petition or even lead to criminal charges. It's important to understand what counts as bankruptcy fraud so you can avoid it.
Of all the potential temptations the average person or business might engage in, hiding assets is the most common one. [Read More]