You had the typical college experience: going to parties every night, living off pizza and free food, joining clubs that went on oversea trips, binge-watching shows until you have to write up that last-minute essay -- and, of course, building up a ton of debt along...
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In divorce, what are your options for the house?
You bought your home 10 years ago, right after getting married. Now you and your spouse have started talking about a divorce, and you're wondering what's going to happen to that house. It is a very expensive asset that you own, but it may also represent debt and...
Should you swear off credit cards after filing for bankruptcy?
You got over your head in debt and so you realized you needed to file for bankruptcy. Much of that debt was on your credit cards, although you also had medical bills, a mortgage, student loans and a lot of other debt that was impacting your financial situation. But it...
Trouble paying child support doesn’t make you a deadbeat
Child support is one of the most troubling parts of getting divorced. Children deserve support, custodial parents need it, and (contrary to popular belief) most parents want to support their kids. Some parents feel that their child support arrangement is not fair. For...
Here are the warning signs that could be headed for a divorce
When two people fall in love and decide to get married, few do so with the goal of getting divorced several months or years down the road. Unfortunately, thousands of couples file for divorce each year in the U.S. While some couples mutually agree to end their...
How do you know it’s the right time to file for bankruptcy?
Bankruptcy can be a kind of emergency protection, or something you plan slowly to resolve accumulating debt. When your finances are a mess, you can file for personal bankruptcy to regain control. Many people would like to avoid bankruptcy, but that aversion to filing...
Should you divorce if your spouse is bankrupt?
When your spouse approached you and told you that they were behind on their bills can had a heavy debt load that you didn’t know about, you were shocked. You realize that a bankruptcy may be a good option for them, but you don’t want to end up with a bankruptcy on...
Resolving a boundary dispute with a neighbor
There are few bigger purchases than obtaining a new family home. For many people, this is a lifelong goal that they have worked extremely hard for. Due to the importance of the family home, people can be very protective of their property. Generally, neighbors manage...
What should you know about joint credit card debt during divorce?
Many couples charge expenses to their credit card without much thought. While they’re married, they may be able to pay those off or at least make the minimum payments. Some may not realize that the very thing that was a benefit for them during the marriage will turn...
Will you need to reaffirm your car loan during bankruptcy
Your credit situation changes dramatically when you file for bankruptcy. Your existing lines of credit will freeze. Often, unsecured lines of credit will be eligible for discharge in the bankruptcy. That means you won't have to pay them back after the court finalized...