Division of Debt
I Can’t Afford Divorce, Who Will Pay the Legal Expenses?
The cost of divorce can get somewhere around the range of thousands of dollars, and this thought might scare you. Many couples run into a lot of financial issues as they are tracking the legal expenses of divorce. The reason why divorce tends to be so expensive is because it is a time-consuming process. Attorneys…
Read MorePaying for Divorce – Can a Wife Make Her Husband Pay?
When it comes to paying for divorce, some spouses do not have the means. As a general rule, nobody can be forced to pay for divorce. If somebody does not willingly support you during a time of divorce, you could speak with a judge about issuing an order so that you can have assistance during…
Read MoreMaking Positive Decisions: Divorce Mediation and Its Benefits
Many people think that, when it comes to divorce, nobody gets what they want. This isn’t always the case, and divorce doesn’t always have to be ugly. You can make positive decisions and work past a variety of issues with your spouse if you are willing to communicate during this already-difficult time. What is divorce…
Read MoreMarital Assets You May Not Have Even Considered
Divorce can sometimes be a very positive thing. In many aspects of your life, you may feel relief and as if you are moving on. However, from a financial standpoint, certain aspects may seem difficult. Divorce is mostly about the division of marital property and debts, of which we tend to have many. There are…
Read MoreHow do You Protect Your Credit During a Divorce?
When you are going through divorce, you may think of many important aspects in your life, from child custody determinations to how you will divide assets with your spouse. But did you think of every important aspect in your life? What about your credit? Many people forget how divorce can affect their credit, which is…
Read MoreWe Answer Some of Your Biggest Mediation Questions
As mediators who want you to have the best results in your case, we want to help you through the process from every aspect. You may have questions about mediation that have not been answered when you did prior research or talked to mediators yourself. We can answer these questions to help you understand your…
Read MoreI Have an Individual Bank Account… Is It Joint Property?
As you probably already know if you are going through a divorce, joint bank accounts = joint property. Many people question whether or not they should remove their half of the money when they have a joint bank account, but what about those who have an individual account? Is your spouse entitled to any of…
Read MoreDivision of Assets: Transmutation, Commingling, and More
When you are going through divorce and want to separate assets, there are many things you may have to consider and talk to with your attorney. There may be concepts you are not familiar with, such as appreciation of assets, transmutation of separate property, and commingling separate property. We can help you understand these assets…
Read MorePros and Cons of Going Through a True Default Divorce
What happens if the petitioner in a divorce serves the petition and summons, but the respondent does not file a response? To complicate matters more, what if there is no written agreement in the divorce? In these cases, after 30 days passes, you end up with what is known as a “true default” case. To…
Read MoreHow is Debt Handled When You Are Going Through Divorce?
When you file for divorce, there may be many things you are thinking about: your children and custody matters, property, and assets. It is not very often that people think about their debts – however, it is important to understand your economic position in full before you leap into the meat and bones of divorce.…
Read MoreWhat happens to our property and debt if we get divorced?
What happens to our property and debt if we get divorced? Division of property and assets can be one of the most complex and emotional parts of a divorce. The state of California is a “community property” state. This means that, for the most part, assets and debts incurred during the marriage belong to both…
Read More