Reasons for Complex Divorces Complex divorces occur for a number of reasons. Some of the factors that can make a divorce more complicated include (but are certainly not limited to) the following: Infidelity by either spouse. Infidelity and other complications in a marriage can make it hard for the couple ...
If you are struggling to get out from under overwhelming debt during the course of a divorce proceeding, bankruptcy may be your path to a fresh financial start. Ask yourself if any of these apply to your situation: Do you owe more than you can pay? Are you being hounded ...
Loan modification is not a myth. It is possible to get your initial loan modified to more reasonable payment terms. This can be especially helpful when you're in the middle of a divorce. However, the problem is that often the banks and lending companies can be unreasonable and refuse to ...
Protecting your property during bankruptcy is possible. It can be rather frightening knowing that your creditors can make claims against financial assets and personal property when you file for bankruptcy. Things get even more complicated when a divorce case is involved simultaneously. Your bankruptcy attorney will use “exemptions” to protect ...
There are a number of bankruptcy myths that can keep a person from turning to bankruptcy as a solution for their debt, especially when a divorce is involved. It is true that there are some negative aspects of the bankruptcy process. However, anyone filing bankruptcy before, during, or after a ...
Repossession occurs when a creditor seizes a piece of property that was used to secure a loan. If you default on that loan, the creditor has a right to take the property to recover some or all of the money owed to them. The situation can get even more complicated ...
Chapter 13 Bankruptcy (also known as a “Wage Earners Bankruptcy”) allows you to restructure your debts without having to worry about income or surrendering assets. It is called “Wage Earners Bankruptcy” because a regular source of income is required to make payments. The filer proposes a Chapter 13 plan under ...
One of the worst parts about struggling to overcome debt, especially during or after divorce, is wage garnishment. In many instances, creditors who receive judgment against you can have your wages garnished directly from your paycheck. If this is happening to you, then you understand how negatively this impacts your ...
In a previous article, we discussed some social media & divorce DOs. This article takes a look at things from the other end of the spectrum. DON’T rely on your privacy settings to shield you. Changing your account to private typically doesn’t prevent a judge from creating an order to ...
In 2020, everything is online. Shared calendars, logged in email accounts on family computers, Find My Friends, Uber receipts, and tons of other online applications can make or break facts and evidence in a divorce proceeding. So, what, exactly, should you do to clean up your online presence during divorce ...
