How Protected Are You From Your Spouse If You File Bankruptcy?

Bankruptcy Strategies in Divorce
31/07/2014 18 min
How Protected Are You From Your Spouse If You File Bankruptcy?

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Episode Synopsis

The automatic stay that bankruptcy provides can be extremely helpful in protecting you from creditors. It can stop a bank levy, a wage execution, or any other attempt to collect a debt. But exceptions in the bankruptcy code can allow your spouse or ex-spouse from taking many actions in family court without bankruptcy court permission. In this episode, Meryl and Steve discuss these exceptions and how to view the automatic stay realistically when it comes to your divorce.

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