By David R. Dawson | Published July 30, 2022 | Posted in Divorce | Tagged Tags: automatic stay, bankruptcy, exemptions | Comments Off on Facing Divorce and Bankruptcy: Which Should Come First?
Facing Divorce and Bankruptcy: Which Should Come First?
Divorce and bankruptcy can be difficult and traumatic experiences. Unfortunately, some people suffer both in short succession. Financial problems often lead to marriages dissolving and divorce typically has financial consequences for both spouses. Although it is possible to file for divorce and bankruptcy at the same time, this is usually impractical. A common question is Read More
Read MoreAdvantages of Divorce Mediation Over Litigation
Some divorce cases turn into bitter, stressful and expensive court battles that can last for months or even years. However, most divorces can be resolved without a struggle if the spouses reach an agreement on essential matters, such as child custody, child support, spousal support and property division. One effective tool for forging such an Read More
Read MoreCan You Challenge Your Prenup When Getting Divorced?
Prenuptial agreements, also known as antenuptial agreements, are legally recognized in Michigan. Courts tend to favor allowing two consenting adults to define their financial rights and obligations in the event of a divorce. While prenuptial agreements are typically seen as a way for a wealthier spouse to protect his or her assets, they can also Read More
Read MoreSettling Disputes Over Educational Choices in Child Custody Cases
How and where a child will be educated can be a particularly contentious matter for divorced parents. One reason for this is that there are so many options for both primary and secondary education. Public schools, private schools, parochial schools and even homeschooling programs are among the possible choices. Some of these educational paths carry Read More
Read MoreWhen Can Separately Owned Assets Be Part of Equitable Distribution?
In many divorce cases, one of the major issues is how assets will be divided between the spouses — a process known as equitable distribution. There are two types of property to be considered in this regard: separate and marital. Separate property is any asset that one spouse owned prior to the marriage or acquired Read More
Read MoreFacing Divorce and Bankruptcy: Which Should Come First?
Divorce and bankruptcy can be difficult and traumatic experiences. Unfortunately, some people suffer both in short succession. Financial problems often lead to marriages dissolving and divorce typically has financial consequences for both spouses. Although it is possible to file for divorce and bankruptcy at the same time, this is usually impractical. A common question is Read More
Read MoreAdvantages of Divorce Mediation Over Litigation
Some divorce cases turn into bitter, stressful and expensive court battles that can last for months or even years. However, most divorces can be resolved without a struggle if the spouses reach an agreement on essential matters, such as child custody, child support, spousal support and property division. One effective tool for forging such an Read More
Read MoreCalculating Spousal Support in a Michigan Divorce
Spousal support (otherwise known as alimony) is court-ordered financial assistance paid by one spouse to the other following a separation or divorce. The purpose of spousal support is to help the receiving spouse maintain their standard of living, which may be difficult to do if they were previously relying on the other spouse’s income. In Read More
Read MoreHow a Parent’s Personal Habits Can Affect Child Custody
Judges making decisions as to custody and parenting time must consider a number of factors relating to the best interests of the children involved. Among those factors is whether each parent can provide the children with a stable and safe home environment. The moral fitness of the parents — as demonstrated by their behavior — Read More
Read MoreSpecial Considerations When Divorcing a Narcissist
Divorce is never easy, but divorce proceedings can be especially complicated and difficult when one spouse is a narcissist. People afflicted with this personality syndrome are highly self-centered and tend to have an inflated sense of self-importance. They may be lacking in empathy and often exploit or manipulate others for their own gain. Narcissistic behavior Read More
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