Tag Archive for: assets

Estate planning after divorce

Going through a divorce or dissolution can be a tedious, time-consuming, and emotional process. Receiving the final decree can feel like a huge relief; however, there is another important thing to consider after your divorce is final. Planning for your future changes dramatically after your marriage ends. For those who already have wills, powers of […]

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Representing yourself in a divorce

Believe it or not, it is actually possible to represent yourself in your divorce proceeding. This is especially true when you and your spouse are in agreement about how to split everything. This is considered an uncontested divorce or a dissolution and is easily settled with the help of the court. It’s even simpler if […]

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Why would a bankruptcy trustee apply to appoint legal counsel?

When you file for bankruptcy you must appear in front of a trustee, who has the responsibility of overseeing your bankruptcy. While the trustee mainly has the duty to review the bankruptcy petition, examine the debtor under oath, and oversee the payment of creditors, there are times when a trustee might actually need to hire […]

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Full Estate Administration vs. Release from Administration

When a loved one dies, it’s hard on the entire family. Dealing with funeral arrangements and entertaining distant friends and acquaintances takes a toll on spouses and children of the deceased. Taking care of the deceased’s property and affairs can be confusing and add stress to this situation. What are the options available to you […]

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Forensic Accounting

Divorce is never a pleasant process – it involves a lot of emotion and a struggle to reach compromises. Many times, these heightened emotions and an increased stress level can lead to disagreements and mistrust when it comes to the family’s finances. Often times during a divorce process, there is a spouse who is less-aware […]

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Chapter 13 and Divorce

You and your spouse filed a joint Chapter 13 bankruptcy, and now things have gone south with your marriage. If you and your spouse are facing a divorce after you’ve filed Chapter 13, there are several things to consider. First and foremost, your bankruptcy attorney may face a conflict of interest if you and your […]

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How can filing Chapter 7 bankruptcy affect your business?

When a Chapter 7 bankruptcy is filed, an immediate hold goes on any collection activities by your creditors. In a personal bankruptcy, all dischargeable debts go away and the debtor is no longer responsible for paying the debt. A trustee sells of any non-exempt assets and pays creditors in order of their priority. For a […]

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Valuation Services: How much do you actually have?

When an individual files bankruptcy, there is often a dispute between the debtor and his creditors as to how much money the debtor actually has available to pay off his obligations. In these situations, a bankruptcy court (or the individual debtor) may implement a valuation service to determine the worth of assets from an objective […]

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