Divorce & Bankruptcy Attorney in Columbus, OH
Are you hurting from an unexpected divorce or suffering financially? Need help solving problems with your ex-spouse or debt? You need a skilled and compassionate divorce & bankruptcy attorney in Columbus Ohio. Sheppard Law Office will help you navigate through the complexities of divorce and bankruptcy law. You need solid legal representation during these trying times. Contact us to schedule a free consultation.
Why Do I Need a Divorce & Bankruptcy Attorney in Columbus, OH?
You need a divorce and bankruptcy lawyer because their services can be life-changing. A divorce attorney can help you get through the painful process of ending a marriage. Meanwhile, a bankruptcy lawyer can help you get past financial troubles, bankruptcy filing, and start over financially.
Divorce attorneys in Columbus, OH, offer services that help you through the emotional and legal aspects of ending a marriage. They will guide you through the legal proceedings and ensure that your rights are protected.
To make a good divorce and bankruptcy attorney, you’ll need to make sure they have these qualities:
They should be knowledgeable about the law.
This is necessary for an attorney handling divorce and bankruptcy cases. The family law attorney must understand all aspects of the law. Not only should they be able to explain it, but also apply it to your case. A divorce lawyer and a bankruptcy lawyer in Columbus, OH, need to thoroughly understand their field of expertise to provide you with excellent representation.
Contact Sheppard Law Office to get the best results for your case. They are more than prepared to take on any legal challenge that you might have.
They should have an excellent reputation.
If you are looking for a Columbus, OH, divorce lawyer, you should ensure that your chosen attorney has an exceptional reputation. After all, you want someone who is going to be able to handle your case and keep it moving forward. With all the details that go into divorces, it can be hard to know who will be your best attorney.
At Sheppard Law Offices, we are proud to have a reputation as one of the best law firms in Central Ohio. Our law firm has been practicing family law for many years and is proud of our record of helping our clients with their divorces.
They should be compassionate and listen to your situation.
It’s important to note that when you’re looking for a competent divorce attorney in Columbus, OH, it’s not enough to find someone who knows the law and can get results. Reasonable lawyers should be compassionate as well. They should understand what you’re going through and be willing to help you find a solution that works for your situation. They should also listen to you and ask questions about what matters most in your case.
Contact Sheppard Law Offices online today using the chat box on the lower right or scheduling a consultation if you need legal advice and assistance.
How is Bankruptcy Affected By A Divorce?
An automatic stay that freezes the filer’s assets and debts takes effect if one or both spouses file for bankruptcy first. The stay is in place for the duration of the bankruptcy case. The stay will postpone the division of the couple’s assets and debts if a divorce petition is filed. Contrarily, the divorce may impact the bankruptcy process and outcome because the assets and liabilities of both parties may no longer be regarded as joint.
When Should A Divorce Be Filed For Bankruptcy?
Depending on the kind of bankruptcy you want, you should decide whether to file for divorce or bankruptcy first. Typically, it is best to file a Chapter 7 bankruptcy first. It facilitates a quicker and simpler property division during the divorce because it only takes a few months and can wipe out many of a couple’s debts.
However, if your combined income is too high to qualify for Chapter 7, it might be better to file for divorce first.
Higher-earning spouses may be suitable candidates for Chapter 13 bankruptcy, which permits debt repayment over three to five years. However, if a divorce is filed before the bankruptcy court approves splitting the plan into two separate ones, this could delay property division. Our divorce & bankruptcy attorney in Columbus, OH, can guide you on these timing issues and assist you in selecting the best course of action.
Having your debts discharged jointly through bankruptcy simplifies the property division process in a divorce. However, before filing a joint bankruptcy, you must ensure that your state provides sufficient exemptions to protect all of the property you and your spouse own. Certain states permit joint filers to double their exemption amounts. If you can double your exemptions, it may be advantageous to file a joint bankruptcy if you own a substantial amount of the real estate.
If you cannot double your exemptions and you own more estate than you can exempt in a joint bankruptcy, it may be advantageous to file individually after the division of property. Also, remember that if you file for bankruptcy during a pending divorce, the automatic stay will halt the division of property until the bankruptcy is finalized.
Discharging Marital Debt
Litigating which debts should be assigned to each spouse during a divorce can be time-consuming and expensive. In addition, a divorce decree that orders one spouse to pay a particular debt does not affect the other spouse’s obligations to creditors.
Suppose, for example, that your ex-husband was ordered to pay a joint credit card in the divorce decree. If he fails to pay or declares bankruptcy, you are still responsible for the debt, and creditors can pursue you for payment. If you end up paying the debt, your ex-husband must reimburse you because he violated the divorce decree. This is true even if he filed for bankruptcy, as he can discharge his obligation to repay the creditors but not his obligations to you under the divorce decree.
However, if you attempt to collect from your ex, you will likely incur additional costs to pursue him in court. Therefore, it may be in the best interests of both spouses to declare bankruptcy and eliminate their combined debts before a divorce.
What Is Divorce?
Divorce is the legal end of a marriage. The divorce procedure encompasses many problems, such as property division and child custody.
In some cases, it may make sense to divorce without hiring a family law attorney if neither side is represented and no minor children are involved. However, a divorce can be resolved in your favor with the help of a divorce lawyer. If your estranged spouse has a Columbus divorce attorney, you should get one, as you should expect someone who knows how to get what you want.
Call Sheppard Law Offices today for more information on divorce
Can I Ask My Spouse For Spousal Support If They Are Declared Bankrupt?
Yes. The bankruptcy trustee (the “Trustee”) is in charge of a bankrupt’s finances. If the bankrupt still have any assets, they will all be “confiscated” by the Trustee to pay off the debt. After subtracting the total necessary personal expenses, the bankrupt’s entire income will also pay off debt.
Financial support for dependents is included in personal expenses. In other words, if your spouse is bankrupt and continues to earn revenue, you can assert spousal support from them, and their income will be applied to your support before it is used to repay their debt.
Call our Divorce & Bankruptcy Attorney in Columbus, OH, Now!
Sheppard Law Offices is the law firm you need to talk to if you or a family member is currently facing a legal issue of divorce and bankruptcy. We’re here to help you understand what’s going on with your case. Divorce and bankruptcy are two very different problems, but they both have the same result: it will be resolved in your favor as long as you have a good lawyer.
Our process for resolving these cases is different from other law firms. We make sure that we always start at the beginning, fully understand your situation, and get all the details right before we move forward with a plan of action. We want to ensure we consider everything, so we’ll never skip over anything or leave out a step. We won’t let ourselves take shortcuts just because several other things are competing for our time.
If you’re going through a divorce or bankruptcy and want to work with a super lawyer with your best interests in mind throughout the process, then contact Sheppard Law Offices today!