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When divorcing couples in Florida disagree about child custody during divorce, the court will determine their time-sharing with the children. Since 2008, Florida legally utilizes the term “time-sharing” to refer to child custody resulting from a divorce where a court allocates time to each parent. This fact only represents one of the numerous laws in […]
Read MoreNo single form of bankruptcy for Florida individuals and businesses is universally best. Your financial situation and goals will determine what type of bankruptcy is right for you. You will also have to fulfill certain eligibility criteria to qualify for a specific bankruptcy. For instance, you may file Chapter 7 bankruptcy if your income level […]
Read MoreMany people who struggle with an increasing level of unpayable debt will face this critical question: “Should I file for bankruptcy?” Bankruptcy may seem overly drastic, but in many cases, it is the most viable option to come out of a financially stressful situation. Each year in the United States, there are nearly one million […]
Read MoreCorporate bankruptcy Chapter 11 is a protection offered to companies that are going through financial distress. In functional terms, this bankruptcy is quite similar to Chapter 13 because these both involve a repayment plan to meet debt obligations. But the key difference is that corporate bankruptcy is oriented towards businesses, while Chapter 13 is geared […]
Read MoreBankruptcy for senior citizens and retirees is a sensitive issue, and they should know their options to make a well-informed decision. While seniors can file for bankruptcy, they should do it with legal guidance from a reputable and reliable Florida bankruptcy lawyer. Senior citizens filing bankruptcy should understand what it can or cannot do for […]
Read MoreIndividuals who are planning to marry should know clearly what a prenup agreement is, and whether it makes sense to have a prenup in place. The question is particularly important when the individual in question has a substantial amount of assets. A Florida prenup agreement is a contract that the spouses may enter into to […]
Read MoreWhile dividing assets during a divorce, Florida courts will apply the theory of equitable division. Equitable is slightly different from equal in the eyes of the law. A Florida judge may believe that an arithmetically equal division is unfair in a particular case, and may divide the assets in a different proportion after taking into […]
Read MoreWhen you are under significant financial debt, you may consider filing for bankruptcy in the United States bankruptcy court. While not every bankruptcy case is complicated, they are not all easy either. Things can get confusing, especially when it is your first time in a Florida bankruptcy court. Therefore, make sure you have a bankruptcy […]
Read MoreIn a Florida divorce, once you identify which assets are marital and which are separate, you may have concerns about how the court will deal with your capital assets and investments. You and your spouse probably made investments intending to get returns, but this situation can have complications when dividing assets during divorce. If your […]
Read MoreYour financial situation may go through its ups and downs, and there could be a time when you start falling behind on your monthly mortgage payments or find yourself struggling to keep up. In this situation, a mortgage loan modification may provide you a practical solution. This article will describe mortgage modification and summarize the […]
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