The good news is that for the most part, your 401(k) and other qualified retirement accounts are protected in bankruptcy. Traditionally, retirement accounts are almost always protected from creditors and are considered “exempt” when a bankruptcy is filed. An “exemption” in a bankruptcy just means … [Read more...]
Do I Need A Prenuptial Agreement?
You might think that prenuptial agreements are only for very wealthy people. However, anyone with personal assets, business assets, liabilities, property, inheritance or children from a previous marriage should consider entering into a prenuptial agreement. … [Read more...]
Do I Need to Hire a Private Investigator?
Private investigators are often hired to assist with family law cases, and they can be very helpful for a variety of reasons. However, more often than not, the evidence they collect is rather circumstantial. How do you know if you should hire a P.I.? This article examines that very question. … [Read more...]
Benefits of Joint Filing of Bankruptcy in a Divorce
There are financial and logistical benefits that may result from a joint filing, which must be done before a divorce is finalized. This includes lower costs because the couple can be represented by one attorney and only will need to pay one bankruptcy filing fee, which may be significant based on … [Read more...]