December 1, 2009 in Uncategorized by admin

It’s not your fault. In addition to plain old overspending, many of life’s inevitable challenges by their very nature push us into debt, try as we might to stay out of it. Here are some of the biggies:

  • Medical expenses
  • Divorce
  • Pushy credit card companies
  • The “New Car Ambush”
  • Your small business

We’ll talk about divorce in this post.

DIVORCE

With money problems being a prime contributor to our society’s skyrocketing divorce rate, it’s no wonder that so many couples need help in both areas. Sometimes a bankruptcy can save a couple for getting divorced and other times it cannot. Take a look at this example:

Mary and Joe had trouble making ends meet for year. Even with two incomes, they always seemed to be just barely ahead of their monthly expenses. This financial uncertainty was the primary source of their fighting, and it ultimately resulted in their separation. Joe moved out of the house and set up a residence in an apartment, thus resulting in yet another set of payments for rent, utilities, furnishings, and other necessities of life. There were increased car expenses as the children were transported between the two households.

They both started to live on borrowed money and found themselves deeper in debt than ever before. Mary approached Joe for more child support, but he was already spending more than his salary on his living expenses and helping Mary with the house payments. The separation didn’t help their marital problem; it just made it worse.

When Joe finally came to see a bankruptcy attorney be wanted to get rid of his debts, but he didn’t want to leave Mary saddled with them either. They decided on joint bankruptcy as the best solution, and working with their divorce attorney, cleared up enough debt to take some of the pressure off and allow them to focus on the most important issue in the divorce – the best interests of the children.

If you are having financial hardship and are considering filling for bankruptcy, contact an experienced Las Vegas bankruptcy lawyer at Aaron & Paternoster by calling (702) 384-4111. We offer FREE confidential Las Vegas bankruptcy consultation. Protect your legal rights – contact Las Vegas bankruptcy attorney NOW.

We Are A Debt Relief Agency

Free Bankruptcy Case Consultation >>

Call (702) 384-4111

Aaron & Paternoster
2300 W. Sahara Avenue, Suite 650
Las Vegas, NV 89102
(702) 384-4111
http://www.aaronpaternoster.com/bankruptcy/

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