Twice Unlucky – Divorce And Bankruptcy

Call: 888-297-6203 Whether you like it or not, divorce and bankruptcy are connected. Financial troubles can lead to bankruptcy as well as divorce. Attorneys of Dallas based bankruptcy law firm Recovery Law Group reveal that nearly 14% of Jacksonville population filed for divorce at least once while nearly 11,000 people filed for bankruptcy in a year. Considering these statistics, there are bound to be some overlaps. When you file for Chapter 7 bankruptcy, the combined income of the couple must be less than the state median income for a household of similar size. If both the partners are [...]


Stress Caused Due To Bankruptcy Might Result In Divorce

Call: 888-297-6203 Statistics reveal that almost 36% of bankruptcy filers have had too much stress to deal with which resulted in them filing for divorce or separation due to it. Dallas based bankruptcy law firm Recovery Law Group lawyers say that most people separate and file for divorce due to financial issues. Though the people filing for separation are 36%, people who end up divorcing is 18%, yet the number is high enough. Florida has earned a nasty reputation of being the leading cities in the U.S. with the highest divorce rate. Incidentally, Florida also has the indistinction [...]