What You Need to Know About Bankruptcy in Divorce With Dawn Kirby

Many people are overburdened with expenses after divorce. So, what options do you have when the cost of living on your own becomes overwhelming and you get into financial trouble?

Though it is a last resort, sometimes filing for bankruptcy is the best way to eliminate some of your debt and get back on your feet.

So, how do divorce and bankruptcy law work together? What do you need to know about declaring bankruptcy in divorce?

Dawn Kirby is the cofounder of Kirby Aisner & Curley LLP, a women-owned law firm that represents corporate and consumer debtors and creditors in bankruptcy and restructuring matters.

Dawn has more than 25 years of experience as a bankruptcy attorney, and she cofounded the pro se bankruptcy clinic at Legal Services of the Hudson Valley, which provides bankruptcy counseling to individuals who fall below the Federal poverty line.

On this episode of Divorce Dialogues, Dawn joins Katherine to explain why divorce is among the most common causes of bankruptcy and when to file for chapter 7 versus chapter 13 bankruptcy.

Dawn discusses why alimony and child support are not dischargeable in bankruptcy, sharing the case study of a client who fell behind on his domestic support obligations and used bankruptcy to get back on track.

Listen in for Dawn’s insight on when it makes sense to declare bankruptcy and learn how the process can provide relief from the financial burdens associated with divorce.