Atlanta Bankruptcy Attorneys Clark & Washington Explain the Do's and Don'ts of Filing During a Divorce

    ATLANTA, GA, May 01, 2015 /24-7PressRelease/ -- Getting divorced is a difficult and anxiety-filled experience. It can be doubly stressful if you have to file for bankruptcy in addition to filing for divorce. To couples going through this challenging time in their lives, heed the words of wisdom from the Atlanta bankruptcy lawyers at Clark & Washington. They have guided several clients through the same life challenges and helped them rebuild their lives one day at a time.

Divorce and bankruptcy will inevitably affect your standard of living negatively. Create a realistic budget from the earliest stage of your filing and make every effort to stick to it.

While it would be ideal to keep the family home, especially if you have children, don't assume that you can. Holding on to the house will certainly lessen the impact of a divorce on the family members who get to continue living in it, but this may not always be the most practical financial decision to make. Hold on to it if you can, but be ready to let go if it turns out you can't.

Keep your eyes on the future. Always consider the long-term impact of any financial decision you make now. While it's normal to be preoccupied with spousal and child support at this time, don't lose sight of the bigger financial picture. Tackle financial issues as a whole and not by piecemeal. If you're selling the house, for example, decide how you will deal with the capital gains, taxes, etc.

Get in touch with Clark & Washington for any questions you may have about filing for bankruptcy in Atlanta. Their experienced bankruptcy lawyers are ready to assist you in every way.

To learn more, go to http://www.cw13.com

Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the Southeast. They have locations in Georgia, Florida and Tennessee. Clark & Washington specializes in personal chapter seven and 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships.

For more information, visit http://www.cw13.com.

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