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Bankruptcy During Divorce: What Happens to Support, Property and Debt? | Lawyers Without Billboards S2-Ep34
Bankruptcy During Divorce: What Happens to Support, Property and Debt? | Lawyers Without Billboards S2-Ep34
What happens when bankruptcy crashes into a divorce case? Bankruptcy attorney Ian Falcone joins Steve, Patty and Alexa to explain how bankruptcy can affect divorce proceedings, support obligations, property settlements, attorney’s fees, joint debt and real estate. Ian breaks down the differences between Chapters 7, 11, 12 and 13, then explains one of the most important concepts in bankruptcy law: the automatic stay. The group discusses what may pause when bankruptcy is filed during a divorce,...