During your marriage, one of the most tiring aspects you had to deal with might have been the financial strain between you and your spouse. In fact, financial issues are some of the biggest issues that couples have during their marriage at times. It is one of the biggest causes of divorce, alongside lack of… Continue reading →
Archive for the ‘Debts’ Category
The Many Types of Pleadings You Could See in a Divorce
When you are involved in a divorce, you have probably found that there is so much paperwork involved with your case. From the initial petition, to figuring out finances, you will find that the paperwork seems to never end! The good news is, most states follow similar guidelines when it comes to pleadings. Today we… Continue reading →
Things You Should Never Do When Getting Divorced
You always hear about the things you should do when you are going through divorce, from meeting the filing standards to solving matters with your bank accounts. But what about the things you should never do? There are many complicated aspects in divorce and many complex problems you want to avoid. Today we will look… Continue reading →
How do You Divide Property and Debt During a Divorce?
How do you determine how property and debt is divided during and after your divorce has been finalized? What happens in regards to your marital home? Unfortunately, it is not easy to see the answers to these seemingly simple questions when you first enter into the divorce process. This is why it is always a… Continue reading →
Who is Paying for Things Around the House During Divorce?
Figuring out finances during divorce may be one of the most difficult parts of the entire process for you and your spouse. What happens if you have both decided to reside in the marital home until the divorce is finalized, which means that there are bills to be accounted for in the home? The payment… Continue reading →
Will my Spouse Pay my Attorney Fees During a Divorce?
Many divorce attorneys will cost anywhere between $150 to $400 an hour, which is why spouses may have concerns about how they will afford their attorney. One of the most prevalent issues in the midst of a divorce is one or both sides claiming that they do not have enough money, which can be made… Continue reading →
Filing for Bankruptcy and Divorce: Which Comes First?
Let’s say that you are in a position where you are ready to file for divorce and the other spouse is not paying for your mortgage, so you are left to settle matters on your own. You may wonder if you should file bankruptcy first or if divorce is the best option. To put things… Continue reading →
Debt during Divorce- Who is Responsible?
California is a community property state- this means that all property acquired during a marriage belongs to both spouses, including assets and debt. Debt belongs to both spouses even if only one spouse signed the paperwork for the debt. However, community property law defines separate property as property acquired before marriage or after separation. So,… Continue reading →
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