Q: Will filing bankruptcy affect the chances of adopting our foster child in NJ?
A: Unfortunately, it could. I’m not saying it will, but one of the factors the court looks at is the potential adopters finances and ability to provide a home and care for the child. Check this out with your adoption attorney, who is in the best position to give an opinion on this question.
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A: There is a strong possibility that filing for bankruptcy will have a negative effect on the adoption of a child. There will be many factors that are taken into account and the reason for your bankruptcy can be considered. Adoption in and of itself can be very expensive.
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