Bankruptcy and Binding Financial Agreements (Part 1)
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Bankruptcy and Binding Financial Agreements (Part 1)

What happens when parties enter into a Binding Financial Agreement and one party subsequently becomes bankrupt? What do you do when the one asset pool to be divided is in circumstances where there are competing claims between the bankrupt’s spouse or partner and the bankrupt’s creditors? If you find yourself in a situation like this and are unsure of the next steps, read on.

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