If my ex-wife files for bankruptcy after our divorce is finalized, will her financial obligations to me in the settlement agreement be extinguished?
Background:
I filed for divorce and it is in progress. My wife has numerous creditors after her. All of the debts are her sole/separate liabilities.
We have not yet started on our settlement agreement. If I receive a monetary settlement and afterward she files for bankruptcy, can her obligations to pay me be wiped out?
What is the best way right now to protect myself from her situation?
Our divorce is in California.
Thank you
Background:
I filed for divorce and it is in progress. My wife has numerous creditors after her. All of the debts are her sole/separate liabilities.
We have not yet started on our settlement agreement. If I receive a monetary settlement and afterward she files for bankruptcy, can her obligations to pay me be wiped out?
What is the best way right now to protect myself from her situation?
Our divorce is in California.
Thank you