Bankruptcy & Divorce in Pasadena & Beverly Hills
Financial Issues in a Divorce
A divorce settlement will cover many issues pertaining to a marriage, including the division of any assets and liabilities accumulated during the course of the relationship. It is not uncommon for a divorce to bring about a financial crisis that can result in difficulties meeting your financial obligations. Bankruptcy is a legal remedy that can:
- Stop harassing calls from creditors
- Put an end to creditor lawsuits
- Prevent repossession and foreclosure
If you qualify for Chapter 7, you will be required to liquate non-exempt assets to pay your creditors. After your creditors have been repaid, any remaining debts will be discharged. A Chapter 13 bankruptcy will give you the opportunity to restructure creditor payment plans. You will not be able to discharge court-ordered alimony or child support. When an ex-spouse files for bankruptcy while a divorce is in progress, a separate "bankruptcy estate" is created for their non-exempt property. This property cannot be distributed as part of the divorce settlement. Bankruptcy can quickly become a complicated issue during and after a divorce. If you or your ex-spouse intend to file for bankruptcy, it is strongly advised that you contact a Pasadena divorce lawyer for legal advice.
Divorce Attorney Serving Pasadena & Beverly Hills
The Graves Law Firm is an experienced divorce firm that can give you helpful information regarding bankruptcy laws and divorce. The firm can explain the bankruptcy process, and how it will impact your life and finances. Filing for bankruptcy may right for you depending on your situation. The firm can help you make an informed decision regarding bankruptcy and other possible debt relief options. They will also ensure that your rights are safeguarded if your ex-spouse intends to file a bankruptcy petition.
Contact a Pasadena divorce lawyer for legal advice regarding bankruptcy and divorce.
Read what our past clients have to say about us
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I went to the Law office of Demetria Graves to discuss a unique and somewhat embarrassing situation regarding child support. Ms Graves sat down with me and took the time to fully understand my problem. Demetria handled my case in a completely professional manner and helped me get through this very unforeseen case. - Anonymous- Anonymous
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I used Ms. Graves services for my divorce last year and I found her and her staff to be very efficient. Sometimes when I was worried about something she would calm me down and say that everything was going to be OK. She was right every time. I would recommend her to anyone. She is a very good lawyer! Sabrina, her assistant, is great at responding quickly when you have a question. Thank you both for your services! - Sandra Castaneda- Sandra Castaneda
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I chose Attorney Demetria Graves for my divorce attorney based on what she said that she would try to accomplish for me. Well, all I can say is that she definitely delivered, and I am - once again- in control of my life. Thanks Demetria! - Ton Nelson- Ton Nelson
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I have a small girl whom I've been completely involved with since her birth, despite her mother and I having never been married. We had a mutual agreement that the courts never needed to be involved, and everything would be 50/50. But eventually she filed for full custody, demanding I see my little girl 2 days a month. All this after 3 years without incident. Frankly, I was scared. She had retained an attorney, but I could not afford one. We ultimately came to an agreement which held briefly. I thought my child was residing out of town with her mother for 4 months, when in fact, she was only 12 minutes away. At this point I immediately asked a friend in the law field for help. That friend came up with Demetria L. Graves. Upon meeting Ms. Graves, I was immediately impressed with her demeanor. Previous potential counselors were unnecessarily "cut-throat." One went as far as to say "I'll get you full custody and MAKE her pay you support. We'll stick it to her!" This coming from a lawyer at a large and well-to-do firm. Demetria asked me what I wanted, as opposed to telling me what to do just to get even. She understood my position and respected it. Demetria also never hesitated to tell me when my approach to the situation was wrong. She moved quickly and her assistant, Sabrina, kept me informed every step of the way, via phone, email, and mail. Access to her newsletter led me to hold Demetria in even higher regard as a person truly dedicated to their field and wanting to help others understand it. I now have joint custody of my little girl, with equal time/expenses shared. All I wanted was fair treatment for my Baby Girl, which is; both parents in her life. I have, and will continue to refer Demetria Graves to anyone in need of counsel. - Crescen Bacon- Crescen Bacon
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I would like to thank the law office of Demetria Graves. You never know what life can throw at you, and contacting an attorney can be a sensitive time. When I first contacted the office, I was greeted by the staff with warmth and professionalism, and compassion. I appreciated this very much. In the event should I need legal services again, I will contact her office. Once again, thank you for the services regarding my case. - Amy Roberts- Amy Roberts
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At each of our meetings the interest Demetria took, coupled with the way she listened to my personal situation gave her the facts she needed to produce an excellent strategy that proved to be invaluable and ultimately brought us success in court. That was such a happy day for me. One that I have replayed in my mind time and time again. I would definitely, without hesitation, retain Demetria again if any situation arose in my life where I needed legal assistance because she is a brilliant attorney armed with an essence of quality, professionalism and who gets results! - Charlesetta M. Long- Charlesetta M. Long
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I was going through a difficult time financially and was unsure about filing bankruptcy partly because of the complexity of it and mainly because of the social ramifications of doing so. Working with both Sabrina and Demetria was great! When there was something I didn't understand (even if they had to repeat themselves on numerous occasions), I was always treated with both respect and patience as they explained what it was I didn't grasp. I was even encouraged to meet Demetria so as to sit down and answer any final questions before she filed my paperwork. Even after the BK was discharged, they encouraged me to call if I had any more questions - which I did. They are a class-act to follow. I highly recommend anyone, who is contemplating filing a bankruptcy, to give their office a call and consult with Demetria so as to explore your options. It will be one of the most important phone calls in your financial life! - LS- LS
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When I came to see Demetria for the first time, I was confused and scared. However, Demetria has always been honest and straightforward about what I should expect. Her composed and serene demeanor inspires comfort and confidence. She is always responsive to my needs and resolved my questions and concerns very quickly - and there are many! She truly has been a breath of sanity in a sea of Chaos. - Eliot Trainer- Eliot Trainer
