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February 2018 Archives

Planning for post-divorce finances is key

For New Yorkers in the midst of divorce litigation, reaching the final agreement regarding property and custodial arrangements is a red-letter day that feels like a finish line. The signed divorce decree does set out how things are to be divided, but the court order doesn't actually complete the plan. The judge gives marching orders, but the parties must carry them out. In order to fully implement the plan and protect oneself financially, there are a few key steps someone must take before reaching the actual divorce finish line.

Consider filing for Chapter 7 bankruptcy before your divorce

Unfortunately, financial problems in your marriage may be leading to a divorce. Money problems and marital difficulties often go hand in hand. If your financial calamity is causing your marriage to end, you may be wondering about the logistics of filing for bankruptcy along with divorce. 

How divorce impacts a person's housing situation

Those who have just gotten a divorce may not think that where they live is a big decision. However, it can have a significant impact on a person's life. For instance, choosing to live in New York could have different financial consequences than living elsewhere. Choosing where to live immediately after a divorce could also have emotional and other consequences that an individual may need to consider.

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