Despite the intentions of both parties when a marriage begins, the pressures of time and personal development can drive two people who love each other apart. The financial situation and management of family finances is one of the most explosive issues in any marriage. Disputes about money or the strain that accompanies financial uncertainty can have an adverse effect on both one's physical and emotional health, and if they are not resolved completely or quickly enough then divorce may be imminent. Knowing that you have options available to you which might serve to put an end to these problems may be the most important part of saving your marriage.
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Given the significant expense associated with a divorce and the other negative consequences of the permanent dissolution of a marriage, it is likely in your best interest to consult with a skilled and experienced bankruptcy lawyer to discuss your debts, assets, and prospective solutions to the current challenges that are facing you and your spouse.
Advantages of Filing for Bankruptcy
While bankruptcy has acquired almost universally negative associations in our society, the reality is that it can be tremendously beneficial for a debtor who is struggling to keep up with his or her financial obligations. Moreover, it has the potential to better serve creditors who would otherwise simply continue not to receive payment for debts owed to them. Learning what bankruptcy truly does and does not entail can help you to make a better and more informed decision regarding your course of action. The following are some possible advantages of a bankruptcy filing:
The discharge (forgiveness) of many kinds of personal or business debt New opportunities to renegotiate terms with lenders Permitting for the reorganization of a struggling business rather than forcing it to cease operations Putting an end to the painful downward spiral and offering a new beginning
To Learn More
If you would like advice or assistance regarding your current struggles, contact the Arizona bankruptcy lawyers of the Harmon Law Office, LLC.
Is Bankruptcy Right For You? Talk to Bankruptcy Attorneys Free and Confidential. Licensed bankruptcy attorneys are available. Attorneys will call you to discuss your case for free. Find out if bankruptcy is right for your situation.
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