WSFL-TV Trusted Advisor, Chad Van Horn of Van Horn Law Group, joined Inside South Florida to share how filing for divorce before filing for bankruptcy can impact you.
“If you file after the divorce, you cannot exempt property that's owned jointly with your spouse or soon to be ex-spouse,” says Horn. “If you own property jointly while you're married, and you acquired it during the marriage, generally speaking, it's exempt from individual creditors.”
For more information, visit vanhornlawgroup.com
This Inside South Florida segment is paid for by Van Horn Law Group.
