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Filing for bankruptcy is often a difficult financial decision made by people seeking relief from overwhelming debt. Most individuals who enter the bankruptcy process are attempting to resolve financial problems honestly and move forward with a fresh start. Even so,...
Debt has a way of becoming a shared burden in a marriage, even when it starts with just one spouse. You may find yourself trying to keep up with bills, credit cards or medical expenses that no longer match your income, while also trying to protect your home, your...
Planning for child custody and visitation after divorce can feel emotional and uncertain for many families. Parents often worry about how schedules will work and how changes may affect their children’s daily lives. Creating a clear and stable arrangement is important...
Temporary financial setbacks have a way of snowballing into something much more serious. A sudden layoff could leave a worker struggling to pay their bills. They might miss a car payment or two. Then, they are suddenly at risk of losing their vehicle to repossession....
Many divorcing parents prefer to work out a shared child custody arrangement and other parenting details on their own, with the help of their legal representatives, as opposed to having a judge decide these highly personal matters. Unfortunately, sometimes parents...
To divorce, couples need to negotiate terms for splitting up their shared property and any joint financial obligations. Property division can be a simple process in cases where spouses have a prenuptial agreement in place. Otherwise, they must disclose their assets...
Marriage provides protection for fathers. They benefit from a presumption of paternity when their wives have children. When they divorce, custody proceedings are automatic, and fathers have the same basic rights regarding their children as mothers do. Unmarried...
Child support is frequently a sticking point when parents divorce or separate. Many people feel resentment about the obligation to provide financial support to a former partner. Some people try everything they can think of to avoid their responsibilities. They quit...
Custody orders govern co-parenting relationships. They dictate how much time parents have with their children and even how they share parental authority. If parents can agree on terms for shared custody, they can establish their own custody arrangements and ask the...
The end of a marriage comes with some major changes for both parties, some of which have to do with the finances. Decisions that are made during the divorce can impact your financial stability for a long time after, so it’s critical to consider how each one may affect...
