Of course the answer to this question depends on your personal situation, but we strongly recommend taking care of or eliminating your debts before you file for divorce. Doing so can make your divorce process easier without fighting about who is responsible for what and will eliminate one more thing to negotiate about with your spouse. Once that’s out of the way, the divorce court can then divide the property you and your spouse own, as well as take care of any other issues, such as child support.
If you or your spouse files bankruptcy during a divorce proceeding, the automatic stay will not stop the divorce proceeding.
To learn more about whether or not Chapter 7 bankruptcy or Chapter 13 bankruptcy is your best option, schedule your free, confidential bankruptcy consultation with a Colorado bankruptcy attorney today. Our online scheduling system allows you to schedule bankruptcy consultation at a time that is convenient for you.