Does bankruptcy have an effect on divorce?

It certainly can, particularly when one spouse attempts to avoid obligations created in a property settlement agreement by filing for bankruptcy. Since the costs and expenditures in a divorce can be quite large, a person often needs to be familiar with bankruptcy law and tax law, to negotiate the terms and conditions of property distribution, spousal and child support.

While bankruptcy does not intersect divorce as often as tax law does, a spouse undertaking a divorce, particularly one where the marital estate is large, must be aware of both.