Bankruptcy & Divorce Put a Board Certified Family Law Specialist In Your Corner

Bankruptcy & Divorce in Pasadena & Beverly Hills

Financial Issues in a Divorce

A divorce settlement will cover many issues pertaining to a marriage, including the division of any assets and liabilities accumulated during the course of the relationship. It is not uncommon for a divorce to bring about a financial crisis that can result in difficulties meeting your financial obligations. Bankruptcy is a legal remedy that can:

  • Stop harassing calls from creditors
  • Put an end to creditor lawsuits
  • Prevent repossession and foreclosure

If you qualify for Chapter 7, you will be required to liquate non-exempt assets to pay your creditors. After your creditors have been repaid, any remaining debts will be discharged. A Chapter 13 bankruptcy will give you the opportunity to restructure creditor payment plans. You will not be able to discharge court-ordered alimony or child support. When an ex-spouse files for bankruptcy while a divorce is in progress, a separate "bankruptcy estate" is created for their non-exempt property. This property cannot be distributed as part of the divorce settlement. Bankruptcy can quickly become a complicated issue during and after a divorce. If you or your ex-spouse intend to file for bankruptcy, it is strongly advised that you contact a Pasadena divorce lawyer for legal advice.

Divorce Attorney Serving Pasadena & Beverly Hills

The Graves Law Firm is an experienced divorce firm that can give you helpful information regarding bankruptcy laws and divorce. The firm can explain the bankruptcy process, and how it will impact your life and finances. Filing for bankruptcy may right for you depending on your situation. The firm can help you make an informed decision regarding bankruptcy and other possible debt relief options. They will also ensure that your rights are safeguarded if your ex-spouse intends to file a bankruptcy petition.

Contact a Pasadena divorce lawyer for legal advice regarding bankruptcy and divorce.

Read what our past clients have to say about us

    “I chose Attorney Demetria Graves for my divorce attorney based on what she said that she would try to accomplish for me. Well, all I can say is that she definitely delivered, and I am - once again- in control of my life. Thanks Demetria!”
    I chose Attorney Demetria Graves for my divorce attorney based on what she said that she would try to accomplish for me. Well, all I can say is that she definitely delivered, and I am - once again- in control of my life. Thanks Demetria! - Ton Nelson
    - Ton Nelson
    “In the event should I need legal services again, I will contact her office.”
    I would like to thank the law office of Demetria Graves. You never know what life can throw at you, and contacting an attorney can be a sensitive time. When I first contacted the office, I was greeted by the staff with warmth and professionalism, and compassion. I appreciated this very much. In the event should I need legal services again, I will contact her office. Once again, thank you for the services regarding my case. - Amy Roberts
    - Amy Roberts
    “Demetria handled my case in a completely professional manner and helped me get through this very unforeseen case.”
    I went to the Law office of Demetria Graves to discuss a unique and somewhat embarrassing situation regarding child support. Ms Graves sat down with me and took the time to fully understand my problem. Demetria handled my case in a completely professional manner and helped me get through this very unforeseen case. - Anonymous
    - Anonymous
    “I would definitely, without hesitation, retain Demetria again if any situation arose in my life where I needed legal assistance because she is a brilliant attorney armed with an essence of quality, professionalism and who gets results!”
    At each of our meetings the interest Demetria took, coupled with the way she listened to my personal situation gave her the facts she needed to produce an excellent strategy that proved to be invaluable and ultimately brought us success in court. That was such a happy day for me. One that I have replayed in my mind time and time again. I would definitely, without hesitation, retain Demetria again if any situation arose in my life where I needed legal assistance because she is a brilliant attorney armed with an essence of quality, professionalism and who gets results! - Charlesetta M. Long
    - Charlesetta M. Long
    “Ms. Graves was there to assist, advise and guide me through this very difficult time. She offered more than just legal counsel; she gave me a heads up as to what I might expect to see plus ways to handle the situations and people.”
    I came into Attorney Graves office as I imagine most do, at one of the worst times in my life. I was full of anger and questions, and I needed help. Demetria started answering my questions, and immediately helped me understand the process and the best ways to get through it. Ms. Graves was there to assist, advise and guide me through this very difficult time. She offered more than just legal counsel; she gave me a heads up as to what I might expect to see plus ways to handle the situations and people. She was there to help me get the best results, and came through every time, including helping me retain custody of my three kids. I have already recommended her to several people and will continue to do so. - Brian Beck
    - Brian Beck
    “Demetria Graves and her staff strike me as a vibrant young up and coming firm with the right energy and fortitude to tackle the most difficult and complex cases.”
    I first made contact with the Law Offices of Demetria Graves back in a time where I needed advice and counsel in the most urgent and cost effective manner. I needed a strategy that could help me address my situation while supporting my budgetary challenges. I had solicited several firms prior to Demetria Graves and recognized rather quickly that she had the technical expertise I needed and was very reasonably priced. "Demetria has been very responsive and diligent in her actions to mitigate personal exposure on my part. She was very forthright in laying out the truth and reality associated with the process. Sometimes the truth in these situations isn't what you want to hear, but Demetria was very good a keeping it real and never sugar coating any personal exposure and/or financial commitments that will be imposed by the courts. For me the truth was essential and the truth is what clients can rely on from Demetria and her staff. "Because of Demetria's strategic approach to mitigating and minimizing my long-term damages, I am pleased to say I successfully got through the process and while I am committed to the financial support of another, I feel I was well represented and was able to weigh the options and make the right decision for my life moving forward. "Demetria Graves and her staff strike me as a vibrant young up and coming firm with the right energy and fortitude to tackle the most difficult and complex cases, while remembering the economics of it all. For this I am grateful and appreciative. It has allowed me to move on and begin a new chapter with brighter things to come. - Robert C. Harrelson
    - Robert C. Harrelson
    “Her composed and serene demeanor inspires comfort and confidence. She is always responsive to my needs and resolved my questions and concerns very quickly.”
    When I came to see Demetria for the first time, I was confused and scared. However, Demetria has always been honest and straightforward about what I should expect. Her composed and serene demeanor inspires comfort and confidence. She is always responsive to my needs and resolved my questions and concerns very quickly - and there are many! She truly has been a breath of sanity in a sea of Chaos. - Eliot Trainer
    - Eliot Trainer
    “I can not thank Demetria enough for the strength and guidance she provided me. I was very pleased with the results of my case, and highly recommend her firm.”
    I would like to take this opportunity to thank Demetria for the excellent work I received from her firm. When I first came to her office with my child custody case, I was distraught and afraid of what was to come in the months ahead. She was considerate and compassionate and best of all she gave me hope, which I had not received from any other attorney. I can not thank Demetria enough for the strength and guidance she provided me. I was very pleased with the results of my case, and highly recommend her firm. - Aurora
    - Aurora

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