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.
I cannot express enough my gratitude for the efforts made to my case. Demetria was truly attentive, patient and essentially was able to close my case with ease. I am very appreciative of her efforts and will most definitely call her should I need her services again. - John Williams- John Williams
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
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
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
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
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
I used Ms. Graves services for my divorce last year and I found her and her staff to be very efficient. Sometimes when I was worried about something she would calm me down and say that everything was going to be OK. She was right every time. I would recommend her to anyone. She is a very good lawyer! Sabrina, her assistant, is great at responding quickly when you have a question. Thank you both for your services! - Sandra Castaneda- Sandra Castaneda
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