If you or your spouse are in the military and are considering divorce, or you have already been served with divorce papers, the first thing that you should do is get a military divorce attorney who will make sure your case is handled professionally, carefully, and equitably. Role of the military divorce lawyer Your attorney [...]
No one enters into marriage planning to get a divorce. Unfortunately, 50% of marriages end up in divorce. If children are involved in the divorce, it’s recommended that you hire a child support lawyer to help you through the process. You should hire a lawyer when: The Divorce process is Messy Sometimes the divorcing couples [...]
Making the decision to declare yourself bankrupt is often a major one. While it’s always recommended that you use a chapter 7 bankruptcy lawyer or any other lawyer to guide you through the process, some people opt to go it alone. This often results in the people making plenty of mistakes. The most common mistakes [...]
Chapter 7 bankruptcy is a liquidation proceeding where the court appoints a trustee to liquidate your assets for payment to your creditors. You assets include cash, vehicles, jewelry, antique, investments in brokerage accounts, and other possessions. Chapter 7 is often the simplest and quickest form of bankruptcy and is available to married couples, individuals, partnerships, [...]
In order to get a discharge under chapter 7 bankruptcy relief, you must meet certain income requirements. Among other things, your average income from all sources in the last six months should be less than or equal to the median income as specified in the median income guidelines. The median income depends on the locality [...]
If a debtor does not have assets which are above the exempt assets allowed and has an income which is equal to or less than a median income, he will most probably be qualified for Chapter 7 Bankruptcy Relief. However, if the debtor's income is more than the allowed median income and/or his assets are [...]
