During your divorce, you may need to raise funds for college, retirement, a new car or vacation, or to help pay for the divorce itself. Jewelry items collected over the course of the marriage are a potential source of income, but how do you go about selling these items for the best price?
Debt and Divorce
What happens in a case of shared debt?
What happens in a case of shared debt? For instance, if one spouse started a business during the marriage and lost money, are both of the spouses equally responsible for that debt?
John Harding, a California Family Law Attorney, on Asset Division, Child Custody, and Spousal Support
There are many highly emotional issues associated with divorce that may become matters of contention, especially when the parties are unaware of the advantages of finding a compromise. From determining child custody to the division of marital assets, it is important to be able to recognize the consequences and effects that your decisions may have […]
Protecting Yourself from Post-Divorce Bankruptcy
The threat of a potential bankruptcy is, in all too many divorces, a real one that should not be ignored. Recognize the warning signs and learn how to protect yourself.
What if we owe more than the value of our house that’s in foreclosure?
My spouse and I own a home that’s in foreclosure and we owe more money than the house is worth. We’re divorcing, and I’m wondering if I’m going to be responsible for 50% of the difference between what the house sells for and what we owe, or if that all goes away due to the foreclosure?
My ex-spouse was awarded the house in the divorce decree. I want the mortgage off my credit report. What has to be done to corre
The divorce decree is simply an agreement between you, your ex-spouse and the court regarding who will take responsibility for paying the existing debts. The divorce decree doesn’t nullify or amend the contract you have with the lender or cause the entry for the account to change on your credit report. To remove one party […]
I Am Considering Bankruptcy. Should I File for Divorce First?
I Am Considering Bankruptcy. Should I File for Divorce First? When considering bankruptcy, you may be debating if you should file for divorce first. There are some initial decisions to consider by yourself and some more complicated issues that you may want to discuss with a qualified attorney. Before you are divorced, you and your […]
How is marital debt divided in New Jersey divorce cases?
Rosanne DeTorres, a family lawyer in Flemington, answers: Debts are not uncommon at a time of divorce. Often times this is what may instigate the problems that lead a couple down the road to separation. Debts are usually divided in a manner that approximates the parties’ respective earnings ability and ability to pay. However, we […]
I am overwhelmed with debt and bills from my divorce. What can I do?
Getting a handle on your bills may seem like just another item on your overwhelming “To Do” list, but this problem is one you can tackle one step at a time.
Drowning in Debt? (for the US)
If you find yourself struggling with debt or even filing for bankruptcy after your divorce, here are some strategies for dealing with your post-divorce credit problems in the US.
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