Below is an example of a frequently asked question relating to bankruptcy after divorce. Unfortunately, the situation described below occurs all too frequently in post-divorce cases. However, the good news is that by seeking professional advice early in the divorce process, you are often able to minimize the risks of these nightmare situations from happening…
If a divorcing couple owns real estate together, once the divorce is final and their title of Tenants by the Entirety is dissolved, the question then becomes – “Can creditors place liens or judgments against the home due to debts of the former spouse?” In short, the answer is yes. What does the term Tenants…
We all know the familiar saying that “A House is not a Home”. The structure that we humans live in becomes a “home” when there is family, security and love that exists within the walls. A “home” is where one feels secure and cared for, where it is ok to close the door and shut out the…