Metro Detroit Economy and the Affect of Foreclosure and Bankruptcy on Divorce
There is no way to say this more clearly: It is critical for your divorce attorney to understand Michigan laws about responsibility for debt in a divorce settlement. If you are considering filing for divorce, talk to an attorney at Spindler, Nausieda & Associates before making a decision about filing for bankruptcy or losing your home to foreclosure.
"Marital property is shared equally, and so is debt. If your spouse files for individual bankruptcy, or you lose a house to foreclosure before the divorce is final, you may be held responsible for the debt. We will give you clear advice about ways to protect yourself."
Our firm is ready to help you fight to protect your financial and credit future throughout the divorce process. We fight vigorously to make sure the law is applied appropriately and accurately allocate your financial responsibility.
By Your Side, Protecting Your Financial Interests Throughout Divorce
Through everything, we will make sure you understand your financial and legal options. You will be making some tough decisions about your home and debt, make sure you have the right lawyer advising and representing you.
But before you make a decision about bankruptcy, foreclosure or other financial considerations that may affect your future, talk to Spindler, Nausieda & Associates. If you decide that bankruptcy is your best option prior to, or after divorce, we will refer you to a trusted professional to help you through the process.
Contact our office located in Milford, Michigan, today.