Financial strain is a common factor that leads to divorce. When the financial situation is dire, you may come to realize that you need to file for bankruptcy. At the same time, the marriage might be too far gone to continue it. When this occurs, you have some serious...
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Month: July 2020
What factors influence whether or not you get alimony?
If you have stayed at home to provide for your family in recent years, you may know even before you begin looking at the cost of rental apartments that you don't currently have a competitive resume or the ability to command a living wage. Alimony or spousal support is...
Important factors in child custody decisions
It isn’t always easy to determine what’s in a child’s best interests, but this is exactly what has to happen in a child custody matter. There are several things that are considered in these cases, so thinking about them may help you as you try to work out your child...
Don’t make big purchases during the divorce process
Once you decide to divorce, you’ll realize that it will affect your finances in a number of ways. Where will you live? How much money will you receive as a result of your divorce? How much debt will you take on? Will you have to find a new job to better support...
Bankruptcy could help you save your home from foreclosure
When you realize that bankruptcy may be your only way out of debt, it may scare you. You may think that you’re going to lose your house and your vehicle. You might think you’ll end up selling everything you own just to escape this situation. Fortunately, that is not...
