Divorce and Bankruptcy

Minneapolis Divorce Bankruptcy Lawyers

When bankruptcy is combined with or follows a divorce, there are additional legal, financial, tax and personal requirements that are difficult to navigate without knowledgeable advisors.

In Minneapolis, Minnesota, the law firm to call is Kathleen M. Newman + Associates, P.A. Our family law attorneys have connections to many reputable advisors and understand the additional challenges and options in bankruptcy proceedings. Contact us today.

"Kathleen brings everything into the light. She helped my ex and I get to a place where we could negotiate independently on some things. I could take issues back to her for her opinion and feel protected." -Robin H.

Qualified Divorce and Bankruptcy Counsel

Filing for personal bankruptcy, either Chapter 7 or Chapter 13, can be an effective method to preserve assets while managing the impact of a divorce. Your assets and credit score will be impacted by filing, but by not filing you may be incurring penalties due to debt and late payments. By working with a knowledgeable bankruptcy attorney who is also experienced in family law, you can preserve many, if not all, of your assets while lessening or eliminating your debt.

As family law attorneys, with experience in bankruptcy, we can help you assess your financial situation and determine whether or not bankruptcy is necessary and in what form. Keep in mind that when bankruptcy is considered at or near the time of a divorce it can hamper all legal actions, including divorce. If the timing is not considered carefully, a divorce proceeding can be significantly delayed and/or the settlement (including property division and alimony) can be severely hampered.

Contact Us

To discuss your options and possible course of action for bankruptcy and divorce, contact us. We will be forthright in our discussions and will aggressively protect your interests in any legal proceeding you pursue.