Divorce can be an emotional and stressful experience, but it’s important to consider the financial implications of it. Separating your finances from your ex-spouse and planning for your future can be overwhelming, but with the right steps and mindset, you can ensure...
Union New Jersey Family And Bankruptcy Law Blog
Is it illegal to date during a divorce?
Everyone knows that divorce takes time. For one thing, there’s generally a delay between when someone decides that they want to get a divorce and when they actually file for divorce from their spouse. Some people spend months or years considering their options before...
Will starting to date impact your divorce proceedings?
It takes long enough to get divorced that many people want to start dating before it’s official. The divorce process itself feels like a formality. Yes, you have to sort out the legal details of ending your marriage, but the relationship – from an emotional...
Rebuilding credit after bankruptcy
Rebuilding credit after bankruptcy is a crucial step toward regaining financial stability and improving one's creditworthiness. Although bankruptcy can have a significant impact on an individual's credit score and financial standing, it is possible to rebuild credit...
How can you pay off college debt after graduation?
One of the biggest opportunities to earn is a college education. Students learn many valuable lessons and skills that they can take with them to their desired academic fields. In fact, many job fields only accept people who’ve undergone higher education. Education...
Can bankruptcy stop a foreclosure?
When facing foreclosure, your focus may be nothing more than keeping your home. Maybe you have a family. Maybe you don’t think you’ll be able to afford another home. Regardless, you want to figure out how to stop the foreclosure from happening. Someone may mention to...
Should you move out before the divorce is final?
One of the reasons why divorce is tricky is the fact that every decision you make can determine its direction. A single mistake can cost you significantly. For this reason, you need to be strategic with how you make decisions. Moving out or remaining in the family...
How does someone pass the means test for Chapter 7 bankruptcy?
After deciding to file for bankruptcy in New Jersey, someone with financial challenges still has other important decisions to make. The kind of bankruptcy they pursue will determine what risks the process involves, how long it will take to secure a judgment and even...
Is it better to file for Chapter 7 or Chapter 13 bankruptcy?
If you’re interested in filing for personal bankruptcy, you’ll likely be choosing between Chapter 7 and Chapter 13 relief. Chapter 7 is often preferable for those who qualify, as this process doesn’t require repayment of debt before a discharge will be ordered. The...
Making the most of your home sale during divorce
The decision to sell your home as you divorce and divide the proceeds may have been one of the easier ones that you and your soon-to-be-ex have had to make so far. It’s usually not financially feasible for one spouse to afford the family home on their own. Now the two...