wpadmin, Author at Attorney Patrick Cordero

Child Custody, Florida, and You: How Child Custody Works in Miami

Nov 20, 2017 | Family Law

Surprisingly, in Miami, and throughout all of Florida, no case or court allows for the “sole custody” of a child. Over time, the term “sole custody” has gained negative connotations. You can receive what is known as “sole responsibility” of a child, which functions...

What is a Reverse Mortgage? Requirements and Application Process

Nov 13, 2017 | BLOG

Reverse mortgages are loans for older homeowners. It allows people who own homes to convert their home equity into cash. Ronald Reagan signed the Housing and Community Development Act into law. This established the right to do Home Equity Conversion Mortgages or...

Considering a Divorce? This is How Your Assets are Divided after Separation

Nov 6, 2017 | Family Law

As of 2016, there were 2,245,404 marriages in the United States. There were 827,261 divorces or annulments. Statistically speaking, around half of all marriages end in divorce. If it is someone’s second or third marriage, the likelihood of a divorce increases. Patrick...

4 Things You Should Know About the South Florida Housing Market Today

Oct 27, 2017 | Bankruptcy and Foreclosure Proceedings, BLOG

The median sale price of single family homes in Miami-Dade rose 9.7% over the last year. The total dollar volume of single family homes sold in October 2017 exceeded $481 million. The number of pending listings fell more than 15%. The median time to contract was less...

The Five Most Common Mistakes When Filing for Bankruptcy

Oct 20, 2017 | Bankruptcy

In 2016, there were 7,696 Chapter 7 and 8,019 Chapter 13 bankruptcy cases in South Florida alone. Bankruptcy is a significant problem in Miami and the surrounding area, but we are here to help. As your bankruptcy attorney, we want to help you out. Make sure that you...