Understand the financial consequences for a divorce when one party files for bankruptcy. Is filing a joint bankruptcy in both parties’ (and the attorneys’) best interest? Appreciate the difference between Chapter 7, 13 & 11 including what can be discharged. Learn when does filing of a bankruptcy stays a divorce proceeding and how can that stay be lifted.
Credits: 0.5 General, 0 Diversity/Inclusion PR, 0 MH/SA PR, 0 Other PR
Carlton R. Marcyan, CPA, CFP, Schiller DuCanto & Fleck, LLP, Lake Forest
Monica C. O’Brien, Gregory K. Stern, P.C., Chicago
Originally presented as part of Business Valuation, Financial & Tax Issues in Divorce 2020, available in its entirety as P9000-20U.