Wednesday, April 25, 2012

My ex-spouse filed bankruptcy -- now what?

The disturbing news that often comes after a divorce is that one's ex-wife or ex-husband filed bankruptcy. Your ex-spouse may be responsible for child support and debt payments, so what happens when he or she files for bankruptcy protection? In many routine cases, you will not be harmed or even inconvenienced, but be aware that a rigid set of deadlines has been set according to the filing date. Here are some of the issues: