Most Americans vividly remember living through the Great Recession and housing crisis that began 2008. The economy collapsed, millions lost their jobs and homes, and rates of both business and personal bankruptcies skyrocketed. The economy eventually recovered, and...
How do the New Jersey family courts set child support amounts?
On behalf of Andrew M. Wolfenson, Esq., P.C. | Oct 15, 2020 | Divorce And Family Law
If there's one thing that parents fear when it comes to divorce, other than losing contact with their children, it is losing a significant amount of their income to child support payments. Despite prevalent myths from people claiming that the state has taken more than...
Why installment loans may be worse than payday loans
On behalf of Andrew M. Wolfenson, Esq., P.C. | Oct 13, 2020 | Chapter 7 And Chapter 13 Bankruptcy
Those high-interest payday loans were so financially devastating to consumers who were already struggling that many states -- including New Jersey -- banned them. That merely ushered in a whole new kind of predatory lending known as the installment loan. Marketed to...
Be careful your spouse is not hiding assets in your divorce
On behalf of Andrew M. Wolfenson, Esq., P.C. | Oct 7, 2020 | Divorce And Family Law
Imagine finalizing your New Jersey divorce and walking away feeling content with your share of the limited assets you and your spouse held together. A few months later, you spot your ex bragging on social media about the new yacht he bought. Unless he just won the...
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