Category Archives: Property & Debt

Sadly, very often divorce and bankruptcy deliver a one-two punch that sends formerly married couples reeling for years. Not only do the parting spouses face the pain and suffering of divorce, which can be one of life’s most stressful events, … Continue reading →

Valuing a family business can be one of the most difficult aspects of a divorce settlement. Family businesses – which include closely held corporations, single-proprietorships, private companies without publicly traded stock – must be valued by experts who use different … Continue reading →

When they divorce, both spouses must disclose their assets and debt honestly and fully. However, when one spouse has been mulling divorce, he or she may be tempted to hide assets that are subject to distribution because they are marital … Continue reading →

A growing number of unmarried couples sign cohabitation agreements  (or cohabs), which are binding contracts that bear a striking resemblance to prenuptial agreements. Cohabitation agreements, which are prepared by attorneys, protect personal assets, and often address the same issues prenups … Continue reading →

The Credit Card Accountability, Responsibility, and Disclosure Act (CARD Act), was passed with strong bipartisan support in 2009. One provision of the CARD Act denied credit cards on the basis of family income, that is, when that income was not … Continue reading →

Many couples don’t think much about throwing their money in the pot when they marry. In sickness and in death, for richer and for poorer means that what’s mine is yours and yours is mine and what’s ours is ours. … Continue reading →

That many women come out of a divorce worse off financially than they were when married has long been caveat in marriage and family law. A study by the Phoenix Group reveals that two out of every five women are … Continue reading →