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Bankruptcy and Divorce in Mississippi
(provided by M. Craig Robertson, PLLC, Attorney at Law )
Burdened by high interest payments, many divorcees turn to the bankruptcy courts to alleviate the strain of their debts. I put standard language in my divorce agreements that is calculated to protect you in the event that your spouse files bankruptcy, but I do not specifically handle these types of cases, and federal law trumps state law and your divorce decree in matters of bankruptcy. Also, as stated above, if your spouse files bankruptcy on a joint debt that he or she is responsible to pay according to your divorce decree, the creditor can still sue you for this debt and you can be held responsible. If you are concerned about the possibility of your spouse filing bankruptcy or you feel overburdened by your own debt, please let me know and I will help set you up with a professional to assist you.
Information provided by:
M. Craig Robertson, PLLC, Attorney at Law located at
http://www.robertson.ms
Go to: Mississippi Articles and Resources
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