Most people are scared of filing for bankruptcy due to widespread misconceptions about how everything works. As a result, many deserving individuals sink deeper into debt or lose their possessions to debt collectors, while some end up facing creditor lawsuits. All...
Year: 2022
Two divorce settlement risks female breadwinners face
In the 21st century, it is no longer as uncommon as it once was for a woman to earn more than her male spouse. Research suggests that nearly half of women workers in America earn as much or more than their husbands. The change in the wage gap among heterosexual...
Reasons children may think they caused a divorce
Children often believe that a divorce is their own fault, and this can be very emotionally difficult for them. It is the reason why parents are often advised to reassure their children that both they and their ex still love the child and want to be involved. They also...
Is it okay to keep having sex with your spouse while divorcing?
It often occurs that a married couple will decide to get a divorce but continue having intimate relations with one another. The results of a Research Now poll indicate that nearly 30% of spouses admit to having sex together during and after their divorce. Can spousal...
How does supervised visitation work?
There are numerous outcomes that can arise from child custody cases. Whichever arrangement the courts end up signing off on, the reasoning behind it will be based on the best interests of the child. In some cases, the court may decide that supervised visitation is...
Could the appraisal derail your New Jersey real estate closing?
It can take many weeks, often more than a month, to go from an accepted offer to a successful closing on a piece of real estate. Many people want to celebrate when their real estate agent tells them the seller accepted their offer, but plenty can go wrong before you...
Do you need a prenup if you don’t have many assets?
Prenuptial agreements are no longer seen as something only used by the rich, famous and powerful. However, younger couples or those of any age who may not have what they consider significant assets to protect still too often dismiss the idea First, prenups aren’t just...
What is legal custody of a child?
Generally speaking, when people talk about getting custody of their children in a divorce, they’re thinking about physical custody. This deals with where the child is going to live and who is going to be responsible for them at that time. If you and your ex have to...
Understanding dischargeable debts in a Chapter 7 bankruptcy
It’s common knowledge that filing for bankruptcy wipes out most of your existing debts. The proper term for that is debt discharge. When a bankruptcy court discharges your debt, it effectively cancels the legal obligation you had to repay the creditor. The whole idea...
Under what circumstances can a child custody order be modified?
The judge's decision in most legal matters is usually final unless reversed on appeal. However, there are instances when one or both parents can petition the court to modify an existing child custody order. However, it is important to understand that this decision...