Divorce & Bankruptcy
In Las Vegas, Nevada

Bankruptcy and divorce are two complex legal processes that often intertwine when financial difficulties strain a marriage. Deciding whether to file for bankruptcy before or after divorce in Las Vegas, Nevada, depends on your unique circumstances. Additionally, child support in Nevada plays a critical role in both bankruptcy and divorce proceedings. Erik Severino, a respected Nevada bankruptcy attorney, can provide valuable assistance in navigating these challenges.



    Filing for Bankruptcy Before Divorce in Las Vegas


    Joint Debts:

    If you and your spouse have significant joint debts, filing for bankruptcy together before divorce may make sense. This can help you both eliminate or reduce shared financial burdens, making the division of assets and debts during divorce simpler.

    Separate Finances:

    Nevada’s bankruptcy exemptions may allow you to protect certain assets from liquidation. Filing jointly can maximize the exemptions available to you, protecting more of your property.



    Asset Division:

    While filing for bankruptcy before divorce can protect your assets, it may also delay the divorce process. Bankruptcy courts typically need time to discharge debts and determine asset distribution, potentially prolonging your divorce proceedings.

    Separate Property:

    Filing jointly requires cooperation between spouses, which may not be feasible in high-conflict divorce cases.



    Faster Resolution:

    Divorcing before filing for bankruptcy may expedite the divorce process, allowing you to move on with your lives sooner.

    Separate Finances:

    Divorce can help clarify each spouse’s financial responsibilities, making it easier to determine which debts should be discharged in bankruptcy.


    Asset Division:

    Divorce courts in Nevada will divide assets and debts as part of the divorce process, which can lead to complications if either spouse plans to file for bankruptcy afterward.

    Modification Of Bankruptcy Plan:

    If one spouse accumulates substantial debt after divorce, they may not be able to discharge it through bankruptcy if they did not jointly accumulate the debt during the marriage.

    Nevada Lawyer Helping With Bankruptcy And Child Support

    Child Support & Bankruptcy
    In Nevada

    Child support is a priority debt in bankruptcy, and it cannot be discharged. Filing for bankruptcy does not affect your obligation to pay child support, and any past-due child support payments must be paid in full. Failure to meet your child support obligations can have serious legal consequences, including contempt of court charges.

    Filing Bankruptcy & Its
    Impact On An Active Divorce
    In Las Vegas, Nevada

    Filing for bankruptcy during an active divorce in Las Vegas, Nevada, can have a significant impact on both processes. It’s essential to understand how bankruptcy and divorce interact and what happens when a married couple is in an active Chapter 13 bankruptcy and then decides to divorce. Additionally, we’ll discuss how bankruptcy can assist in the separation of marital debt during divorce in Nevada.

    Impact Of Bankruptcy On Divorce Case In Nevada

    Filing Bankruptcy During An Active Divorce

    Impact on Divorce Proceedings:

    Automatic Stay Pauses Divorce Court Proceedings

    Automatic Stay:

    When you file for bankruptcy, an automatic stay goes into effect. This legal injunction halts most creditor actions, including divorce proceedings. The divorce court cannot make decisions on property division, alimony, or child support while the automatic stay is in place.

    Bankruptcy Halts Property Division Procedures During A Divorce In Las Vegas, NV

    Property Division:

    Bankruptcy courts handle the distribution of assets and liabilities during a Chapter 7 bankruptcy. If you’re in the midst of a divorce and one spouse files for Chapter 7 bankruptcy, the bankruptcy trustee will take control of the marital property. This can complicate the division of assets in the divorce.

    Chapter 7 Bankruptcy Exemptions And Nevada's Community Property Laws

    Property Exemptions:

    In Chapter 7 bankruptcy, you can claim exemptions to protect certain assets from liquidation. These exemptions may differ from Nevada’s community property laws, potentially leading to disagreements during divorce proceedings.

    Decision To File Bankruptcy During Divorce:

    Joint Or Separate Filing:

    Whether to file jointly or separately during a divorce depends on your specific financial situation. Filing jointly can simplify the bankruptcy process and discharge joint debts. However, it’s crucial to consider the potential impact on the divorce proceedings.


    If spouses can cooperate and agree on bankruptcy terms, a joint filing may be beneficial. However, if there is significant conflict, separate filings may be more practical.

    Lawyer Helping Divorcing Client File For Bankruptcy In Nevada

    Active Chapter 13 Bankruptcy & Divorce

    Impact On Chapter 13 Bankruptcy:

    Divorce and Chapter 13 Payments:

    If you are in an active Chapter 13 bankruptcy and decide to divorce, it can affect your ability to make bankruptcy plan payments. Your disposable income may change due to the divorce, potentially impacting your ability to fulfill the Chapter 13 repayment plan.

    Modification Of Bankruptcy Plan:

    In some cases, individuals may seek to modify their Chapter 13 bankruptcy plan due to changes in their financial circumstances, such as divorce. You can request a modification to adjust your payment plan based on your new income and expenses.

    Considerations For Divorcing
    During Chapter 13:

    Consult With An Attorney:

    If you are considering divorce while in an active Chapter 13 bankruptcy, it’s essential to consult with an experienced bankruptcy attorney who can guide you through the process. They can help you understand the implications of your bankruptcy plan and assist in any necessary plan modifications.

    Financial Impact:

    Divorce can significantly impact your finances, including your ability to meet Chapter 13 payment obligations. It’s crucial to evaluate your financial situation and consider how divorce will affect your bankruptcy plan.

    Separation Of Debt In A Divorce With Bankruptcy

    Divorce & Debt Separation:

    Community Property State:

    Nevada is a community property state, which means that marital property and debts are typically considered joint, regardless of whose name is on the account. During divorce, marital debts must be divided equitably between spouses.

    Lawyer Explaining Community Property State Laws In Nevada
    Benefits Of Bankruptcy During A Divorce In Nevada

    Impact Of Bankruptcy:

    Bankruptcy can help one or both parties in a divorce by discharging certain joint debts. When a debt is discharged in bankruptcy, the debtor is no longer legally obligated to repay it. This can alleviate the financial burden on one spouse and allow for a more equitable distribution of remaining debts during divorce.

    Debt Liability:

    Even if a divorce decree assigns responsibility for certain debts to one spouse, creditors may still pursue both spouses for joint debts. Filing for bankruptcy to discharge these debts can provide relief and protect both parties from creditor actions.

    Bankruptcy During Divorce Can Protect Both Parties From Creditor Actions

    Contact Our Attorney When Divorcing & Considering Bankruptcy

    In conclusion, the interplay between bankruptcy and divorce in Las Vegas, Nevada, can be complex and requires careful consideration of your unique circumstances. Filing for bankruptcy during an active divorce can temporarily halt divorce proceedings, and the decision to file jointly or separately should be based on cooperation and financial factors. In the case of an active Chapter 13 bankruptcy, divorce can impact your ability to make plan payments, necessitating potential plan modifications.

    Separation of debt during divorce can be challenging, especially in a community property state like Nevada. However, bankruptcy can offer a solution by discharging joint debts and providing financial relief to both parties. Consulting with experienced bankruptcy and divorce attorneys is essential to navigate these complex legal matters successfully and ensure the best possible outcome for all parties involved.

    Erik Severino:
    A Trusted Nevada Bankruptcy Attorney

    Erik Severino is a highly experienced Nevada bankruptcy attorney who has assisted thousands of Nevadans in filing for bankruptcy protection. His expertise can be invaluable when dealing with bankruptcy during a divorce. Here’s how Erik Severino can assist you:

    Thorough Evaluation:

    Erik Severino will conduct a comprehensive evaluation of your financial situation, considering your debts, assets, income, and expenses. This assessment will help determine the most suitable bankruptcy chapter for your needs.

    Erik Severino, Trusted Nevada Bankruptcy Attorney

    Bankruptcy Guidance:

    Erik will guide you through the bankruptcy process, explaining the legal requirements, documentation, and deadlines involved. He will help you make informed decisions that align with your financial goals.

    Protection Of Assets:

    If you are concerned about protecting specific assets, Erik will work to maximize available exemptions to safeguard your property from liquidation during bankruptcy.

    Child Support & Domestic Support Obligations:

    Erik will ensure that your child support and domestic support obligations are accurately represented in your bankruptcy filings, ensuring that they are not subject to discharge.

    Bankruptcy & Divorce Strategy:

    Erik can collaborate with your divorce attorney to develop a coordinated strategy, whether you decide to file for bankruptcy before or after divorce. This coordination can help streamline the overall process and protect your financial interests.

    Call Us Today For A Free Consultation

    In conclusion, deciding whether to file for bankruptcy before or after divorce in Las Vegas, Nevada, is a complex decision that should be based on your individual circumstances. Child support obligations cannot be discharged in bankruptcy, emphasizing the importance of fulfilling these responsibilities. Erik Severino, a knowledgeable Las Vegas bankruptcy attorney, can provide expert guidance and support during these challenging times, helping you make informed decisions and protect your financial future.

    (702) 842-0700

    Monday-FRIDAY 8:00 AM – 6:00 PM
    SATURDAY 8:00 AM-12:00PM


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