Nevada Joint Petition Bankruptcy Representation
At the Law Offices of Rodney K. Okano in Las Vegas, we work closely with men and women throughout southern Nevada who are considering bankruptcy. We can guide you through the process from A to Z, making sure you understand the full effect your pending divorce can have on your bankruptcy filing.
Should You File Before or After Your Divorce?
This depends entirely on the specifics of your situation. For many couples, it is beneficial to file for bankruptcy while still married in order to file a joint petition and save money on filing fees. But if you are trying to qualify for Chapter 7 — which is income based and has no payment plan — you may have too high a joint income to qualify together.
While a married person may file an individual bankruptcy, all of the income and assets of the non-filing spouse must be declared on the bankruptcy filing and may be subject to seizure by the Bankruptcy Estate.
Should you file jointly? Can you file for bankruptcy during your divorce? For questions to your bankruptcy questions, contact us today for a free initial consultation with a Las Vegas bankruptcy lawyer.
Contact Us
Divorce and bankruptcy can both be life changing. If you are facing them both, it is important to plan ahead by seeking the counsel of an experienced bankruptcy lawyer. Contact us today to arrange a free initial consultation with an attorney.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
