When you need an experienced divorce lawyer

For many relationships, money is the number one stress factor. Some couples manage to work through their financial problems together. Others decide that the best solution is dissolving the marriage by getting a divorce attorney Tampa. Typically, each spouse blames the other and can see no other way out. Regardless who is to blame, a divorce will not automatically solve debt problems.

Divorce and Debt

The divorce settlement will usually divide debt that you and your spouse incurred during the marriage. This can happen even if you believe your spouse spent more. Since these bills transpired during the marriage, getting a divorce does not change the responsibility each spouse has to pay the bills.

Keep in mind that the divorce settlement is between you and your spouse, not creditors who can try to collect the debt from either you or your ex-spouse. Therefore, if your ex chooses to not pay her or his share, a creditor can attempt to collect payment from you. One person filing for bankruptcy after the divorce is finalized means creditors will look to the other person to satisfy debts.

How Bankruptcy Can Affect Your Divorce Plans

If you are considering filing for bankruptcy and getting a divorce, you may need to decide which one holds immediate importance. Generally, bankruptcy is a priority and filing during divorce proceedings can delay how assets and liabilities are distributed. You will not be able to do both at the same time.

Another point of consideration is bankruptcy courts treat income differently if you are married, separated, single or divorced. For obvious reasons, you income is less after a divorce than if you were still married and shared living expenses with another person.

Discuss Your Options with an Attorney

If you have decided to divorce your spouse, the last thing you want is to have bill collectors coming after you for her or his debts. It can be unsettling to think you are beginning a new life only to find that you are still responsible for something that caused your marriage to end. Any concerns you have about protecting yourself and your finances should be covered with your divorce attorney.

In some cases, protection might include placing a lien on property that belongs to your ex. This action could help to ensure you are not stuck paying her or his share of debts. Bankruptcy does not shield you from paying court ordered child support or alimony, but it may help you avoid being responsible for portions of debts that your ex should pay.

Blow the Whistle on High Prices

Shopping for school supplies seems like a never-ending chore, especially when you have children who grow so fast, you can hardly keep up with their needs.  If it seems like your children are outgrowing their school clothes at an alarming rate, you are probably not alone, especially if you have teen boys and girls.  Parent are often dismayed to find the shoes and clothes they worked so hard to buy, and shopped so long to find no longer fit just weeks after they were purchased.  But when your son shows you the holes in his sneakers, there’s little you can do but shake your head, and wonder how many pesos you’ll need to replace them.  If you’re a savvy shopper, you won’t need many, because you can save lots of money by shopping with Groupon.  And a great place to use them is at Old Navy.

Old Navy has teamed up with Groupon to offer deep discounts on select merchandise so you can buy their quality wear at rock bottom prices.  You can save as much as 50% off clothes and shoes for men and even more for women.  They have deals on plus size dresses that start at just $10, and they have codes that are good instore or online.  That makes great sense, because if you live near the store on Bonifacio Street, you can run in and pick up any item you neglected to include in your online order and still get the discount.  Those Groupons are so easy to use you can apply them from your smart phone.  You don’t have to join anything, or worry about missing deadlines.  And the deals change often, so it’s good to sign up for text alerts.  That way, the next time your teen or tween is bursting out of the seams of their school clothes, you’ll already know what’s on sale.

Raising a family on a budget means saying “no” to so many things you might feel like a referee in a basketball game, blowing the whistle on every move they want to make.  If the price is too high, it’s a foul!  It’s good to say “Yes” to shopping at Old Navy, and with Groupons, you can buy a whole lot more.  Fortunately, they stock items for the whole family, so if you need to shop for your children, you can also toss a few items for mom and dad into the cart.  This saves you time and money.  And it shows your children they can be stylish and thrifty.