Filing

• Being a legal guardian creates responsibilities not only for care giving, but also financially. In some cases, a bankruptcy may be pending or initiated during a legal guardianship. The legal guardian has a unique set of responsibilities when making financial decisions that impact the child or person in their care.
  
  

Custody

• During a custody case, one of the legal guardians may be in the process of filing bankruptcy. According to the "Congressional Record," the filing of bankruptcy can not hold up a custody case and each case should be handled as a unique situation.
  
  

Advice

• Legal advice is often recommended for those in a custody and bankruptcy battle. Family law attorneys who also specialize in bankruptcy can be a good choice to help sort out the different rules and laws related to the case.