There are a lot of situations that can lead an individual to a financial decision involving bankruptcy: excessive debt, foreclosure, being laid-off from work or a major medical expense. One of the more common causes of serious financial stress which is not often talked about is a dramatic change in family status. For many clients an expensive and painful divorce is a major contributor to bankruptcy. At the law offices of Pesner Kawamoto Conway, PLC, our lawyers have significant experience working with Virginia and Maryland clients who are facing financial hardship because of a divorce. We can work with you to explore the options available and understand your rights, by putting decades of combined experience and a commitment to client service behind your case.
The Financial Strain of Separating a Household
A divorce may be unavoidable, but so too are the expenses and costs associated with ending a marriage. Particularly if you were part of a two income marriage, the financial strains that can follow as a result of a divorce can be significant, and if you are expected to contribute financially for support or take on the debts of your former spouse, then you may have to consider more dramatic financial remedies.
Our attorneys work with clients who are facing a range of financial challenges, including those who have separated from a former spouse. We offer experienced and client focused solutions designed to help you repair and rebuild.
This blog is not intended to render legal services to the reader, including advice about bankruptcy or taxes. Consult with a lawyer concerning the specific application of the law to your unique circumstance.