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Bankruptcy Becoming An Option For Those Hit Hard By Pandemic
CBS4's Hank Tester spoke with attorney Patrick Cordero, whose firm is known for bankruptcy work. Article Link
How Is Custody Determined During a Divorce?
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...
Which Type of Bankruptcy Is Right for Me?
No 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...
What Are the Different Kinds of Bankruptcy?
Many 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....
Why You Should Declare Corporate Bankruptcy
Corporate 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...
I Am a Senior: Can I File for Bankruptcy?
Bankruptcy 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....
Is a Prenup Agreement a Sure Thing?
Individuals 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...
Asset Division Following a Divorce
While 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...
It’s My First Time in Florida Bankruptcy Court: What Do I Need To Know?
When 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...
Capital Assets and Investments Following Divorce: What You Need To Know
In 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...
What is Mortgage Modification and Why Does it Matter?
Your 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...
I Want to Move Out of State After a Divorce: What Do I Need to Know?
Moving out of state after a divorce may sometimes be a necessity due to a compelling opportunity. If you are in this situation, you should know the rules for moving out of Florida when involving a child. Florida family court will balance the custodial parent’s right...
Understanding Child Relocation Considerations Post-Divorce
Relocating children after divorce requires you to follow a specific procedure prescribed under Florida law. This process applies when you or the other parent in a time-sharing agreement plans to move farther than 50 miles away from your current location. It is...
Three Surprising Facts About Dividing Business Assets During Divorce
Dividing property in a divorce in Florida is one of the key issues that both parties must resolve, either through a mutually acceptable agreement or through a court order. The divorce court in Florida will classify marital and non-marital property while dividing...
What Same-Sex Couples Need to Know About Child Custody & Support
Same-sex marriages in Florida received legal recognition in 2015. Now LGBTQ couples can utilize the court system in Florida for a divorce if something goes wrong in their relationship. They now have rights related to same-sex child custody and support at the time of...
Six Facts to Know Before Signing a Prenup Agreement in Florida
Prenups aren’t simply pieces of paper to be signed, rather, they are complex legal documents. You may want a Florida prenup agreement to protect your assets in a divorce and to bring more predictability and certainty to your financial future. Here are six facts you...
Little Known Ways to Maximize Your Home’s Value in a Short Sale
When a struggling homeowner is trying to avoid foreclosure, a short sale process may seem like a solid option. But what is the process of a short sale and how does it work in Florida? If a homeowner is selling the home for less than what is owed on it, it is...
Who Gets to Keep the Pets in a Divorce?
According to the recent National Pet Owners Survey, over 65 percent of Florida homeowners own at least one pet. When a couple files for the divorce, most people are understandably worried about losing the custody of their pet. Whether it is a dog, a cat, or a...
What You Need to Know About Relocating Children After a Divorce
In many cases, one parent may consider relocating the children after the divorce. But is it legal? Does Florida law support the custodial parent moving a child out of state? If the child moves to another state with a parent, it is most likely to affect the...
The Secret Effectiveness of Mortgage Modification
A mortgage modification or a loan modification refers to the arrangement where a borrower requests – and gets approved – to reduce the mortgage payments. If the borrower is going through financial hardship, such as losing a job or an increase in mortgage...
How to Fight a Foreclosure in Florida
Are you living in fear of being served a foreclosure notice in Florida? Or are you already in foreclosure? Regardless of the situation, the critical question is the following: how do you fight the foreclosure process and prevent losing your property in Florida. ...
Three Signs Your Marriage Might Be Heading Towards Divorce
There are over 787,000 divorces in the United States each year. Each and every one of these broken marriages started as a happy couple with bright dreams for their future. However, the stark reality is that divorce happens. This does not mean it comes out of the blue,...
“Exclusive Use” Contracts: What are They?
An exclusive use contract is a clause that’s generally used in commercial leases. What does “exclusive use” mean? It refers to the clause that the tenant can only use the leased property for a specific purpose. One of the most common examples of an exclusive use...
How Do Courts Determine Custody?
According to divorce and family laws in Florida, the courts determine child custody based on what would be in the best interests of the child. During the custody hearing, the court addresses both the physical and legal care of children involved in their parents’...