More than 1.1 million bankruptcy cases are filed in the U.S. each year, according to the United States Courts. If you’ve decided to go this route and take a new financial path, you’ll want to avoid a few common mistakes that could harm your case. 5 Mistakes to Avoid When Filing for Bankruptcy It … [Read more...]
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What Is Joint Custody In Texas: A Clear Guide
“I want Tony to have some form of joint custody,” said Sue Ellen to her divorce attorney. “I think it’s best for the kids to live with him some of the time. But I just don’t trust his judgment to make important decisions for them. I mean he loves to play with the kids, he’ll feed them, and get them … [Read more...]
Bankruptcy Alternatives
Bankruptcy, particularly, Chapter 13 bankruptcy is a useful tool in stopping a foreclosure and getting your loan caught up. If you fall behind on your mortgage, the mortgage lender will eventually consider the loan in default, demand the full balance of the mortgage, and give notice of … [Read more...]
Property Division
Texas is one of eight states that still uses community property laws in divorce cases. While it was designed for the old agrarian (farm) economy, many people think it is still the most equitable system today. The community property system rewards couples who helped each other prosper during the … [Read more...]
How to deal with an unreasonable ex during divorce
The dissolution of a marriage is inherently a complex and emotionally charged process. In Texas, a state with both fault-based and no-fault divorce options, navigating a divorce can be particularly challenging when faced with an unreasonable ex who has no interest in ending things … [Read more...]
What Is Gray Divorce
Gray divorce refers to the increasing trend of older adults, typically aged 50 and above, deciding to end their marriages. The gray divorce meaning encompasses not just the legal process but also the unique challenges and considerations due to the life stage of the older person involved. Unlike … [Read more...]
Choosing a Secured Credit Card after Filing for Bankruptcy
Secured credit cards are a viable option for those who have recently filed for bankruptcy. Getting a credit card after bankruptcy can help a person rebuild and reestablish credit after wiping out past debts. It is important to understand the function of a secured credit card, as well as the … [Read more...]
Do You Need a Lawyer to Make a Living Trust? Find Out!
You hear it all the time - "everyone needs a living trust." But do you need a lawyer to make a living trust? It’s a common question, and the answer, as with many things in the legal field, isn’t a simple yes or no. A living trust can be a great estate planning tool. It allows you to control how your … [Read more...]
Effects of Bankruptcy on Retirement Accounts
In most cases, retirement funds are excluded from bankruptcy cases. In other words, usually when debtors file bankruptcy, their retirement accounts are safeguarded and creditors will not have access to them. This comes as great relief particularly to people in the latter part of their careers who … [Read more...]
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