January 16, 2009, Newsletter Issue #99: Protection in a Divorce and Bankruptcy

Tip of the Week


If you are to become the ex-spouse who is owed money, you should make every attempt to have the majority of funds classified as alimony or other support. Since these debts are non-dischargeable, you will be protecting your future cash payments as much as possible. The more items that carry debt that you include in your property settlement agreement, the higher the risk that your ex-spouse may convince the bankruptcy court that certain debts should become dischargeable.

About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Not finding the advice and tips you need on this Bankruptcy Tip Site? Request a Tip Now!


Guru Spotlight
William Pirraglia
Buy My Book