As of 2014, the most recent year of data gathered by the Centers for Disease Control, the divorce rate in the U.S. is 3.2% per 1,000 people. Debt and financial strain are the top causes of divorce, but even when debt is not to blame, dividing up a family may be a significant budgetary hardship. Both partners must now contend with comparable living expenditures and less income to cover them. It’s not uncommon for divorcing spouses to consider bankruptcy before, during, or after the divorce is finalized. Knowledgeable bankruptcy attorneys can offer guidance throughout the procedure and answer your questions.
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