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Which Type of Bankruptcy is Right for Me?

Bankruptcy offers solutions to financial stress, but there are different paths that you can take. Both Chapter 7 bankruptcy and Chapter 13 bankruptcy might offer solutions to help get you back on your feet, but which one is right for you? Chapter 7 Chapter 7 bankruptcy, also known as liquidation, allows a debtor to get rid of most of their debts and start over with a clean slate. A debtor must ...

How Long Will a Bankruptcy Remain on My Credit Report?

Escalating job losses, declining home values and weakening consumer confidence pushed over a million of individuals into bankruptcy in 2008—during the midst of the Great Depression. While filings have declined since then—with fewer than 775,000 people filing in courts last year—bankruptcy remains a word that strikes fear. However, after other options are considered, bankruptcy may be the only ...

The Benefits of Filing for Bankruptcy

Deciding whether or not to declare bankruptcy is without a doubt one of the most difficult things you’ll ever have to face. The emotional toll that it will take on your self-esteem and financial future is tough to wrap your mind around, but unforeseen live events can cause bankruptcy—and the truth is—it’s not all bad news. Benefits of Bankruptcy Bankruptcy is neither inherently bad or good, but it ...

How to Modify a Child Custody Agreement

Under Florida family law, a child custody order or parenting plan can be modified, but only if there is a substantial, unanticipated change in circumstances and the change is in the child’s best interest. While that may seem easy enough, it can be difficult to prove in court. The first step a judge takes in reviewing a child custody modification petition is whether or not the change in ...

7 Common Mistakes to Avoid in a Child Custody Battle

A custody battle can be emotional, overwhelming and expensive, but the last thing you want to do is let a mistake sabotage your case. During this time, it’s important to understand that your actions inside and outside of legal proceedings can have an impact on your child’s well-being and your relationship with them. Any negative feelings that lead to destructive behavior can put you at a huge ...

Understanding the Difference Between Physical and Legal Custody

In family law matters, child custody is broken down into two elements: physical and legal custody. While the terms are easy to confuse, they have the ability to operate independently of each other, and it’s common for physical and legal custody to be applied differently in a child custody case. As a parent, it is important you know the difference between the two terms and how they could affect you ...

Documents You Must Have Ready For Your Divorce

A divorce is rarely ever simple, especially when you’re dealing with children, high assets, properties, businesses or retirement savings plans. While you can never really prepare for the emotional stress a divorce can bring, you can make your life easier by organizing and copying important documents. Below is a list of what you may need: Marital or separation agreements : Collect your prenuptial, ...

What You Need to Know About Relocating After Divorce

Oftentimes, many individuals feel tempted to relocate after a divorce to leave the past behind and embark on a truly fresh start somewhere new. While the concept of hitting refresh on life is undoubtedly appealing, moving out of state can cause some problems if you and your ex-spouse share minor children and are not in agreement regarding the move. Before you start packing up your belongings, ...

The Benefits of an Uncontested Divorce

Oftentimes, when couples divorce, they tend to expect a nasty battle and are prepared to fight, especially if there is an immense amount of bad blood between them. Spouses feel tempted to get back at one another for any number of wrongdoings and misdeeds which may have occurred throughout the marriage. However, despite the anger some might feel, most individuals desire a divorce that is ...

Why Your Prenuptial Agreement May Not Be Valid

A prenup is a great way to protect yourself and your assets in the event of a divorce. However, they must be done correctly if you want them to be valid in Florida. Let’s take a quick look at some of the top reasons why a prenuptial agreement may be invalid. No written agreement : If a prenuptial agreement is not on paper, it cannot be enforceable. A verbal agreement would not work. Not properly ...

What You Need to Know About Relocating After Divorce

Oftentimes, many individuals feel tempted to relocate after a divorce to leave the past behind and embark on a truly fresh start somewhere new. While the concept of hitting refresh on life is undoubtedly appealing, moving out of state can cause some problems if you and your ex-spouse share minor children and are not in agreement regarding the move. Before you start packing up your belongings, ...

The Benefits of an Uncontested Divorce

Oftentimes, when couples divorce, they tend to expect a nasty battle and are prepared to fight, especially if there is an immense amount of bad blood between them. Spouses feel tempted to get back at one another for any number of wrongdoings and misdeeds which may have occurred throughout the marriage. However, despite the anger some might feel, most individuals desire a divorce that is ...

High Net Worth Divorce: Hold Onto Your Prized Possessions

Couples going through a divorce will eventually need to decide how to complete property division in order for the divorce to move forward. In Florida, equitable distribution rules are used to split up marital property fairly, not necessarily equal. For many divorcees, property division is not too large of a hurdle, for they do not share many marital assets. However, for couples that own large ...