First Comes Divorce, Then Comes...Bankruptcy?
When it rains it pours, at least that is what we often tell ourselves when we are going through a particularly rough patch in life. Unfortunately, many residents in Oak Park, Chicago, and throughout Illinois face difficult circumstances all at once, making it incredibly tough to understand how to proceed to break free and get a fresh start. For example, it is quite common for a divorce and bankruptcy to coincide with one another. This is usually the case for one of two reasons (or both). First, the intense financial pressures themselves could cause the divorce. Obviously fights about money are common among couples, and those fights could reach the point where the marriage ends. Additionally, the process of going through a divorce itself can be quite expensive. Beyond the legal fees and costs, it is simply far more expensive to live alone than as a unit. Paying for two different places to live, multiples bills, and more can throw even prev...