Joint debts can be a tough issue in a divorce. These debts may have terms longer than the duration of the marriage. These debts can also be a painful reminder of the marriage. Nevertheless, knowing who pays what can help you to better prepare for your transition into life as a single income earner. In…
For many couples considering a divorce, their overarching concern is to safeguard their financial security. Part of this process involves dividing up assets and property accumulated during the marriage. But how do you go about this? Does the court take the lead on determining who gets the televisions, cars, and chinaware? You’ll be surprised to…
With all of the time, energy and resources you have put into it, your business is probably the most valuable asset you own. What many people don’t realize, however, is that they jeopardize everything they have worked for when they don’t take the right steps to plan for a contingency like a divorce. In a…
According to research, one in ten bankruptcy petitions involve bankruptcy. Divorce is a financial challenge, but it doesn’t have to lead to bankruptcy. With the help of a skilled lawyer, you can create the right legal and financial plan to prevent bankruptcy and protect your financial security and your future. The Link Between Divorce and…