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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 visitation...
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 payments, a...
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’...
What is a Final Divorce Order?
The final divorce order is the document that officially signifies the end of the marriage, returning both the spouses back to their “single” status. Also known as a divorce decree or final judgment, it lists all the terms of the divorce, including: The division of...
Legal Implications of Debt, Divorce, and Bankruptcy in Florida
Divorce is a difficult experience for anyone. Sometimes a divorce may even lead to bankruptcy. If you and spouse are going through divorce and bankruptcy proceedings at the same time, you should know the implications of your actions related to debt and divorce. Types...
Retirement & Bankruptcy: How Does Bankruptcy Affect Retirement Plans?
When you work your entire adult life, the prize at the end of the game is supposed to be a comfortable retirement. With this end in sight, many people choose to set up retirement accounts, either by themselves, through a financial planner, or with the help of an...
What to Do If You are Sued by a Debt Collector
When you are in financial difficulty, it may seem impossible to keep making payment. What happens, however, when creditors run out of patience and file suit? Here’s what to do if a debt collector sues you. Debt Collection Lawsuits Debt collection lawsuits are the most...
Why It’s Critical to Pick the Right Bankruptcy Lawyer
Filing for bankruptcy isn’t an easy decision. Neither should be finding the right bankruptcy attorney. Bankruptcy has a severe impact on your financial future and is not something to take lightly. Don’t make a hasty decision and rush into bankruptcy with just any...
The Effects of Recent Purchases on a Chapter 7 Bankruptcy Filing
While filing for bankruptcy is a difficult decision to make, sometimes it is the only recourse for deep-rooted and complex financial problems. With the threat of bankruptcy looming, many might think to spend their assets before filing is a no-brainer. Is it, though?...
Tax Refunds and Bankruptcy: What You Need to Know
As another year’s deadline for filing your taxes comes and goes, there are important considerations that need to be made. These considerations are especially true if you are considering bankruptcy or have already applied for bankruptcy protection. Here is what you...
¿Puedo mantener mi auto de lujo, RV y embarcación, al declararme en bancarrota bajo el capítulo 13 en la Florida?
Declararse en bancarrota es una decisión difícil. Al llenarse de deudas, usted puede pensar que su única opción es entregar sus activos a los acreedores. Afortunadamente, al declararse en bancarrota bajo el Capítulo 13, existen opciones disponibles para que mantenga...
How Chapter 7 Bankruptcy Can Actually Raise Your Credit Score
Managing personal finances and keeping on a budget doesn't seem to be getting any easier. You are being constantly bombarded by "special offers”, “BOGO" deals, and flash sales trying to get you to use that last dollar of the credit limit left on your card. As your...
¿CÓMO LA BANCARROTA AFECTA LAS CALIFICACIONES DE CRÉDITO?
Declararse en quiebra o en bancarrota es una decisión compleja. Puede parecer que tomar este camino implica que su mundo se derrumba a su alrededor. Sin embargo, la bancarrota no significa que todo el peso del mundo recaerá sobre usted. Por el contrario, al declararse...
Loan Modification Mistakes: How to Fight Back When the Bank Makes a Mistake
Having your home foreclosed on by your mortgage lender is an experience no one should have to face. But what happens if the lender foreclosed due to a mistake with a loan modification application? If this has happened to you, you may be the victim of wrongful...
Is My Child’s College Savings Account Protected in a Bankruptcy?
Filing for bankruptcy is often a tough decision to make. However, with rising debts and difficulties making important payments, it may be the best chance an individual has at getting their financial feet back under them. But what happens to the funds of those...
What Exactly Is Defined as an Asset When Filing for Bankruptcy Protection?
When a person files for bankruptcy, they are hoping for the stress of insurmountable debt to disappear. Depending on which type of bankruptcy protection they file, how that debt is repaid differs greatly. One of the key components of settling debts in bankruptcy is...