Bankruptcy and divorce go hand in hand. It may sound like a good way for divorced couples to end their joint bill problems.  A prospective client recently posed the following question: I was divorced within the past year. While I was married, my ex-husband and I incurred over $50,000 in credit card debt. Some of [...]
Divorce
All too often money problems lead to divorce. So it’s normal that a bankruptcy (or two) will be part of the picture. Should you file bankruptcy first, or wait until the divorce is filed or concluded? A good question. The answer depends entirely on where you live and what issues need to be resolved. A [...]
In an article placed online with Bankrate.com, Steve Bucci of the Consumer Credit Counseling Service of Southern New England lists his Top Ten Causes of Debt.  Conspicuously absent is fraud, abuse, intent and extravagance. Bucci’s list does not include scammers, tricksters, credit card abusers. No, Bucci finds debt accrues from ordinary life experiences, hardly [...]
In a family situation, it is important that everyone know what the finances are. When the finances are a deep, dark secret, there is no information upon which family members can decide whether a spending decision is appropriate. Nothing inhibits that impulse buy and soon the bidget is blown. By working with a partner, not only will the information [...]
