How Bankruptcies And Foreclosure Effect Marriages

One of the number one reasons couples divorce is because of finances.  Needless to say, no one wants to get a divorce when everything is going financially well for them.  That is, no one wants to get a divorce when couples think that things are going financially well for them.  This is a trap that new couples especially can fall into.  New couples can fall into this trap, either because one or the other has no real knowledge about the other's real financial affairs. Or the couple may very well have knowledge about their finances, but they're too busy being in love and having fun to get serious about controlling their spending.  This is serious trap for young couples.

The harsh reality starts to hit a couple when the bills start coming in the mail.  They might ignore the bills at first, but the bills start becoming increasingly sharp and sometimes threatening.  The phone calls will begin as well.  Some might even experience phone calls at their place of employment!  This is when couples have to face the harsh reality that there has been a lack of management of finances. Or the worse can happen to a couple, when one or both of them becomes too incapacitated to work.  Whether a couple has lived beyond their means, or they have suffered the loss of a job for some reason one thing is for certain, it won't be able to pay their bills. A Chino bankruptcy attorney can testify that they see this all of the time. 

Couples become angry and stressed out.  When troubles such as finances begins, other areas of the marriage that are dissatisfying become heightened.  This is why many people run to the nearest divorce attorney.  However, before a couple runs to their divorce attorney, they should run to an attorney of a different sort.  They owe it to themselves to run a Chino Hills bankruptcy attorney.  This attorney can not only help resolve the financial issues, but this is an attorney that can inadvertently help to keep the marriage together.

Your Chino bankruptcy attorney can bring sanity into the marriage.  They do this by first consulting with the couple, and then figuring out where they went wrong financially.  Specifically, they will present the couple with a means test that it's designed to legally prove that the couple cannot pay their debt.  Then, this attorney will go before the courts on behalf of their clients, and plead for a reasonable repayment plan, or plead to have the debts wiped out.

If the couple finds that they are due for foreclosure for the same reasons, they do well to see Chino Hills foreclosure attorney.  The Chino Hills foreclosure attorney works with the courts to hold off a foreclosure with as many means is they have legally.  This type of foreclosure attorney works to fight for their clients, in order to save their home.  This in turn also works to save a marriage.

So, if you are a couple facing foreclosure, or if you have considered bankruptcy, the last thing you should do is to run to the divorce attorney.  The both of you can get through this, but it's going to take the help of a proper Chino Hills foreclosure attorney, and a Chino bankruptcy attorney.  Give your marriage a chance by seeking out these valuable attorneys who can help get your marriage and your finances on track.