Legal Question in Family Law in Texas
bankruptcy during divorce
filed sept 06 judge set final hearing for june 07. still have no settlement. husband had stroke w/no insurance after i moved out. owns own business, only thing joint is the house, which he is in. all i asked for is half equity in the house and to refinance out of my name. found out today that he filed bankruptcy. question is: what will happen now in court? will judge order house as marital assett sold and once sold all equity will go on his debt of bankruptcy? will this affect MY credit? can i still walk away from 18 years of marriage with any money from division of assetts?
1 Answer from Attorneys
Re: bankruptcy during divorce
If you have been attempting to handle this matter without a family law attorney, you should absolutely consider hiring one immediately. You may also need a bankruptcy attorney, so it would be a good idea to retain an attorney who is experienced in both areas, since your case will have both family law and bankruptcy law intertwined in this case.
Either way, this type of case is far too complex to just rely on a place like lawguru.com. You need to sit down with an attorney for a face-to-face consultation.
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