Legal Question in Family Law in Nevada
Divorce and Bankruptcy
Is it legal for me to take ALL debt in a Divorce then file Bankruptcy to save my wifes credit from being ruined as well?
Asked on 4/29/09, 12:02 pm
2 Answers from Attorneys
Jeffrey Cogan
Jeffrey A. Cogan, Esq., Ltd.
Re: Divorce and Bankruptcy
Yes and no. The creditors will go after your wife after you file for bankruptcy. If you have not waived alimony, she can seek a modification of alimony based upon a change of circumstances and you will pay her rather than the creditors.
Answered on 4/29/09, 12:29 pm
James Smith
James E. Smith Ltd.
Re: Divorce and Bankruptcy
Divorce cannot modify the rights of creditors. You taking the debts in the divorce doesn't stop the creditors from going after your wife.
Answered on 4/29/09, 9:34 pm