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Bankruptcy and Your Marriage

You might read the title of this article and shudder.  After all, bankruptcy can't be a good thing for a marriage, can it?  If you're like many people, you may be under the impression that bankruptcy always means bad news.  However, we'd have to tell you that you're wrong.  In fact, bankruptcy might be the best thing that ever happened to your marriage!

If you're marriage is struggling, there's a good chance that a lot of the difficulty is financially-related.  Everyone knows that money issues are one of the biggest struggles that most couples go through.  From money management and budgeting to strategies for approaching debt, even the closest couples sometimes disagree about money.  Those disagreements become even more serious when dealing with the kind of debt that involves bankruptcy.

Seeing a Marriage Counselor

If your marriage is burdened by serious debt, many people are probably quick to recommend you see a marriage counselor.  For many couples, marriage counseling can be a great way to address and resolve many of the relational issues they face.  Many marriage counselors are more than qualified to help you work through some of the financial issues that strain your relationship.

However, not even the best marriage counseling can get rid of your debt.  Solvency is hard to come by; and, it might take bankruptcy for you to get the solvency you so desperately need!  While other debt solutions are available, the biggest problems need the most extreme solutions.  More and more couples are finding bankruptcy to be a terrific "extreme" solution.

Seeing a Bankruptcy Lawyer

Here's where the bankruptcy lawyer comes in.  While your bankruptcy lawyer might not provide you with relationship advice, a good bankruptcy lawyer will help you attain solvency through the bankruptcy process.

When the heavy financial burden is lifted from your shoulders, you and your spouse will notice that your relationship becomes much easier.  After bankruptcy, there's no more fighting about how debt will be addressed; there are no more disagreements over what expenses have to be cut in order to pay a bill. Further, the bankruptcy process can be a mutual learning experience and teach both of you valuable skills for the future.

Bankruptcy might be the smartest money management tactic the two of you ever employee.  If you're curious to learn more about the bankruptcy process, and you're serious about getting rid of debt and saving your relationship, contact a bankruptcy attorney. Why not you and your spouse?  Don't delay in getting your life back on track!

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