Divorce And Bankruptcy
Divorce can be expensive, even if it’s amicable. Fairly distributing assets, determining child support or alimony and dividing debt can take months or even years. When the time with your divorce attorney costs hundreds of dollars, the bills can add up quickly.
If you’re having trouble paying your expenses during or after your divorce, it’s important to know that you’re not alone. As a bankruptcy lawyer in Lake County with more than 30 years of experience, I can help you get the fresh financial start you need in the next chapter of your life.
Divorce May Include Unique Financial Challenges
In addition to the emotional strain of going through a divorce, you may also be under new financial strain as you transition from a two-income household to a single-income household. For many people, this is a huge lifestyle change and the adjustment period can be difficult.
If you’re considering filing for bankruptcy after your divorce, don’t be afraid. I can offer compassionate and knowledgeable guidance throughout the process to get you back on your feet and moving forward with your life.
What To Keep And What To Fight For
It can be difficult to determine what’s worth fighting for in a divorce, especially if neither party can agree. For example, you may love your family home but if you can’t afford to live in it on a single income, it may not be worth fighting for.
When it comes to deciding what to bring in to the next chapter of your life, take time to consider your long-term financial goals instead of settling for terms you don’t want to get through the process as quickly as possible.
Every situation is different, and every person has a unique story. Bankruptcy may sound intimidating, but it doesn’t necessarily mean you need to lose your car, house or other important assets. I will work with you to determine what’s right for your situation.
Take The First Step Towards Freedom. Call Today.
I am Paul R. Idlas and I’m proud to help residents of Grayslake and other areas of Illinois obtain the financial relief they need. You can call me today at 847-986-8862 or send me a message online to learn more about how I can help you.