Filing bankruptcy after divorce has advantages, but filing before is simpler. By Kathleen Michon, Attorney If you are contemplating filing for bankruptcy and divorce, then timing can be critical. Read on to learn more about whether it makes sense to file for bankruptcy before or after a divorce. How Can Bankruptcy and Divorce Affect Each Other? …
In a country with a record divorce rate — and epidemic levels of unemployment that often lead to personal bankruptcy — it is not uncommon for us to hear questions like these because Allan Dunaway is an attorney with experience handling both consumer bankruptcy and divorce cases: “Which should I pursue first — my bankruptcy …
By Lauren Bennett Divorce can be draining on your emotions and affect your life more than you imagined. If bankruptcy is piled on top of it, it can become even more stressful. If you and your spouse have made the decision that divorce is your best option, your finances could be affected, as divorce is commonly …
by FreeAdvice staff During the process of dissolving your marriage, the court may order you to pay alimony payments after the divorce is final. Payments are not required during the separation period. The requirement to make alimony payments may be either temporary or permanent, depending on the circumstances. Once a divorce is final, however, a court …
Can a court order alimony payments after divorce or separation? Read More »
DhrishniFollow Jul 13, 2018 Let’s start with the basics, what is spousal support? Spousal support is a payment made by one ex-spouse to the other, in order for the lower or no income ex-spouse to maintain a similar lifestyle to the lifestyle he/she experienced when they were married. When you are getting a divorce, your …
Alimony Is An Outdated Legal Obligation For Millennials Today Read More »
Learn about how alimony works and what to expect before filing for divorce. If you’re facing a divorce, you’ll have to face reality: Alimony payments—also known in some states as “spousal support” or “maintenance”—are alive and well in the American divorce system. And if you earn substantially more money than a spouse to whom you …
Create my document How it works Create your document Download & Print Sign & Make it Legal Overview of the Separation agreement Reviewed by Angela Lally of Simpson Sissons & Brooke* Protect yourself if you and your partner decide to live separately before starting divorce or dissolution proceedings with this separation agreement. This straightforward separation contract contains …
THIS DIVORCE SETTLEMENT AGREEMENT (this “Agreement” or this “Divorce Settlement Agreement”) is made and entered into as of [DATE] (the “Effective Date”) by and between: [LEGAL NAME OF WIFE], formerly [MAIDEN NAME OF WIFE], currently residing at [ADDRESS], and [LEGAL NAME OF HUSBAND], currently residing at [ADDRESS]. WHEREAS: Husband and Wife (hereinafter also referred to …
by Christine Bartsch Posted onJuly 25, 2018 Dividing assets during a divorce is always unpleasant. And when there’s a home involved, warring spouses can get cutthroat. Battles over setting the list price, scheduling showings, and even accepting the best offer can delay both the sale and the divorce. In worst case scenarios, these skirmishes may even …
Do You Need a Real Estate Divorce Specialist to Sell Your Home? Read More »
Divorces are rarely easy, and very few end with zero disputes over major assets. For most relationships, the biggest shared assets are related to real estate. Whether the marital home or investment property, those going through divorce often want to know, “what happens to real estate in a divorce?” Date Property Purchased and Use During …
Dividing Real Estate in Divorce – What Happens to the House? Read More »