Let's say you use Chapter 7 bankruptcy when your debt becomes overwhelming. You need that fresh start. The debt wasn't your fault — your company went under and you lost your job — but you still had to do something about it. You used bankruptcy to eliminate it. However, that wasn't the end of you...
Divorce is one of the most challenging events you can endure, both emotionally and financially. Not only will you and your spouse divide your assets upon splitting up, you will no longer have the security of their earnings. This may not be a big deal if you lived in a dual-income household. But y...
Have you heard that divorce among those who are 50 years old and older has been rising? It's true, and this is a phenomenon that is often referred to as “gray divorce.“ What is the mindset that has led to this rise? One thing that researchers point out is the changing stigma surrounding divorce. ...
Gray divorce, the common term referring to those getting divorced around 50+ years old, has been rising in recent years. People who may have been married for decades are deciding to end their marriages. Why is this happening? One reason is that couples do stay together as long as the children liv...
Divorce is far from easy, especially when children are involved. It can be a scary, frustrating and confusing time for them. The first year after their parents split up is often the hardest for kids. A divorced parent needs to understand that it can take a year or longer for your child to cope wi...
When your child got married, you probably welcomed your new son- or daughter-in-law into your family with open arms. Unfortunately, as the relationship between your child and your in-law began to devolve over the years, your relationship with the other parent of your grandchildren may have also b...
Like many in New York state, you've been saving for the golden years all your life, and suddenly, just as retirement draws near, your marriage comes to an end. You probably have questions and concerns about how the divorce will affect your retirement savings and to which assets your ex-spouse is...
When you're struggling with money, nothing is worse than opening your bank account to see it drained. Seeing that you have bounced checks or overdrafts in your account can make you feel terrible about yourself and your ability to take care of your family. Don't be too hard on yourself. Many peop...
It is certainly true that you may not see your children as much after a divorce. You and your ex, if you both have custody rights, need to split up that time. It may be divided 50/50. It may not. Either way, you will not see your children as much as you did during the marriage when you and your s...
As a man, you may have the impression that the courts are going to look at you less favorably than your child's mother. That's not true, and in fact, bias is not allowed in the court system. It's important for you to take steps to build a strong case for custody, yes, but not because the cards ar...
Going through a divorce isn't simple, and there is no exact way to do it perfectly. There are some things that you may or may not want to do, though, while you're going through a divorce. One of the primary things that you need to remember is that every divorce is different. Whether your sibling ...
Chapter 7 bankruptcy is what most people think of when they hear the word bankruptcy. It is also known as liquidation bankruptcy because the courts potentially have the right to force you to sell certain assets to partially pay back your creditors once you initiate Chapter 7 proceedings as a way ...
People seem to think that once a couple has spent a few decades together, their bond and marriage is permanent. However, recent trends in marriage and divorce have made it clear that older couples and those married for a significant portion of their life can and do choose to divorce. In fact, so-...
Your stress level is beyond anything you could have imagined because of your divorce. Your spouse has been difficult, and you're tired. You find yourself worrying that you might be on the edge of a breakdown. Before you let yourself get to that point, consider using these three tips to get yourse...
Divorce is something that's difficult to go through even in the best of cases. Trying to determine the best ways to ease the stress some might be beneficial. You need to remember that you and your ex are on opposite sides of the case, but this doesn't mean that you can't negotiate the terms of th...
Filing for bankruptcy is one option that individuals have for taking control of their finances. What many people don't realize is that this comes with many considerations. Some people think that they are going to be happy and relieved when they file, but that's not always the case. It may surpris...
Knowing that you can't pay your bills and make ends meet can be emotionally challenging. For many people who are considering bankruptcy, this is coupled with feelings of despair and shame. This doesn't have to be the way that they feel. While bankruptcy was once thought of as an easy way to get o...
Many things can lead to the downfall of a marriage. One of these is money. Unfortunately, it isn't always possible to correct the issues that plague the marriage, so divorce becomes inevitable. Understanding some of the finer points of how money and marriage might impact each other can be benefic...
Trying to work through child custody decisions can be a complex matter because you have to deal with your feelings and your ex's wishes. There are several ways that you can make this a bit easier to work through. This can help you and your children to feel more stability and less stress during th...
Divorce is something that's difficult to go through even in the best of cases. Trying to determine the best ways to ease the stress some might be beneficial. You need to remember that you and your ex are on opposite sides of the case, but this doesn't mean that you can't negotiate the terms of th...
Often the picture of divorce is the same. Whether you see it in friends or on TV, you see couples fighting over everything with long disputes about who will get what. Fortunately, divorce does not always mean loud fights and arguments about dishes and alimony. Over the years, you and your spouse ...
If you are thinking about divorcing your spouse, you are not alone. In fact, divorce filings tend to spike in the first few weeks of the year. While ending any marriage has its challenges, couples with children often face additional obstacles. That is, not only must you distribute marital wealth,...
In New York and across the United States, one of the most common ways for people to find themselves in difficult financial circumstances is through medical expenses. For most people, these medical costs will lead to various attempts to keep from falling too far behind. One note to remember is tha...
Many divorced parents in New York have trouble agreeing on a custody schedule. If they put the children's best interests first, however, the outcome will likely be better for everyone involved. One thing parents may want to consider is the age of the child and the most recent research on child de...
Many people in New York are struggling with massive student loan debt. Across the country, borrowers owe $1.59 trillion in student loans, and the issue has been raised in presidential campaigns and major media. While filing for bankruptcy can help people to deal with many types of overwhelming de...
