In this episode of Bankruptcy Through the Looking Glass, host Katie Roberts sits down with Barry Levine to explore how bankruptcy and divorce intersect. They discuss how filing for bankruptcy before or during a divorce affects debt division, what happens when one spouse files while the other does not, and common misconceptions couples have about shared debt. Barry also shares some fascinating real-life cases, practical advice for navigating bankruptcy in a divorce, and a bit of Yiddish wisdom along the way.
Timestamps00:00 – Welcome to Bankruptcy Through the Looking Glass 00:05 – Introduction: Divorce and debt division 00:45 – How bankruptcy impacts asset and debt division in a divorce 02:14 – What happens when one spouse files for bankruptcy but the other does not? 05:22 – A real-life case of financial downfall and dueling Chapter 13 filings 07:33 – Working with divorce attorneys during bankruptcy cases 10:14 – Can bankruptcy reduce or eliminate debt after divorce? 12:30 – Special considerations for high-asset couples filing for bankruptcy 13:01 – Common misconceptions about bankruptcy and divorce 14:12 – Barry’s Yiddish lesson: Learning "dreck" and "schmutz" 15:32 – Closing thoughts and how to connect with Barry Levine
About the ShowBankruptcy Through the Looking Glass offers expert insights into bankruptcy law with a mix of real-life stories, legal expertise, and engaging discussions. Hosted by Katie Roberts and featuring experienced attorney Barry Levine, the show helps listeners navigate the complexities of financial distress with clarity and a touch of humor.
Popular Podcasts
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com