You can file for bankruptcy at any time. However, before you file, let your bankruptcy attorney know that you are going through a divorce or about to go through divorce. The reason is they may want to suggest holding off on filing bankruptcy if your current assets would hinder you qualifying under what is called the "means test." After the divorce, you'll more than likely have fewer assets-- thus making the bankruptcy easier. Some factors could also affect you in the reverse -- but it will depend on your individual situation. Making sure that your bankruptcy attorney is aware of the divorce and all of the assets and liabilities on the table is the best way to evaluate when you should file.
Rate This Answer:
Not Yet Rated
The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you go to AttorneyPages.com
and retain an attorney to represent you.