FAMILY LAW | BANKRUPTCY | REAL ESTATE
When you divorce, dividing assets can be complex. New York follows an "equitable distribution" approach. Understanding how the process works can help you make informed decisions. Understanding marital property In a divorce, the first step is identifying marital...
If you are considering declaring bankruptcy, a reasonable concern is how it will impact your other half. You want the decision to have minimal repercussions on your loved one's future. The effect on your spouse depends on various factors, including state laws, the...
Divorce is challenging for the entire family, especially when children are involved. Parents must navigate the emotions that come with the end of a romantic relationship while still maintaining an amicable parenting partnership with their former spouse. Children...
Navigating financial challenges can be overwhelming, but understanding the distinctions between Chapter 7 and Chapter 13 bankruptcy can shed light on potential solutions. Both chapters offer relief to individuals facing debt-related difficulties, but they operate in...
Child support is a legal obligation taken to ensure that both parents serve a child's financial needs, even if they do not live together. When a parent falls behind on their child support payments, it can create financial hardships for the custodial parent. This can...
The bankruptcy you are eligible for depends on your asset values and income. You have to meet certain requirements to be eligible for Chapter 7 bankruptcy. If you are not eligible for that, you could still file for a Chapter 13 bankruptcy. While you should not take...
The process of divorce is emotionally draining and generally arduous for everyone involved, especially if children are involved or if there are many assets at stake. Making decisions about the children and who will keep what is not as easy as you might think, but you...
Falling into debt is unpleasant, and filing for bankruptcy to get out of it does not feel much better. However, it is a step in the right direction. After filing for bankruptcy, it is important to start forming good financial behaviors and habits to avoid falling back...
Deciding to dissolve your marriage was likely not an easy one. If you and your spouse are parting amicably, New York domestic relations law allows for uncontested, or no-fault, divorces. Filing an uncontested divorce does not take as long as and costs less money than...
When dealing with debt collectors, you may find yourself in some tricky situations. While most debt collectors will approach the situation with integrity, some may still try to cut corners or take illegal actions to get their way. Debt collector misrepresentation is...
