Free Advice
DIVORCE
Q: How long does a contested or uncontested divorce take?
A: The length of time varies from case to case. People who have resolved issues prior to beginning divorce proceedings are more likely to have their divorce finalized in a timely manner. However, in many cases there are unresolved issues that may cause the completion of the proceedings to be delayed. I make every effort in order to obtain a swift resolution to the matter.
Q: How much does a divorce cost?
A: One size does not fit all. Our rates are competitive and often much less than some of the offices that do a lot of advertising. The fees that are charged are based on many factors because each case is different.
Q: How is marital debt divided?
A: The rule of thumb is that the debt goes along with the asset. If someone is assigned a home or a vehicle, that person is also assigned the loan. With some exceptions, other debt is divided equitably.
BANKRUPTCY
Q: Will Bankruptcy ruin my credit?
A: Although many people are under the assumption that filing a bankruptcy will ruin their credit, in most circumstances an individual's credit actually improves after receiving a discharge of a bankruptcy.
Q: What can I do to prevent a foreclosure on my home?
A: It is possible for a homeowner who has fallen behind on mortgage payments to prevent foreclosure by applying for a loan modification or by filing a Chapter 13 Bankruptcy. This type of filing incorporates debts into a repayment plan. A Trustee oversees the disbursement of payments to the listed creditors. For many homeowners, a Chapter 13 Bankruptcy is a feasible alternative to surrendering their home.
Q: What happens with my debt if I file a Chapter 7 Bankruptcy?
A: In a Chapter 7 Bankruptcy, the debts listed in the Bankruptcy Petition are discharged, giving the debtor a "clean slate.” In some cases an individual may choose to reaffirm on a debt, which means that they make a statement of intention to continue to make payments on a listed debt, (Reaffirmations are often made on a home or a vehicle in order to prevent the liquidation of that asset). In order to pay off debts a Trustee overseeing the case may attempt to liquidate the Debtor's assets. However, there are statutes which provide exemptions that prevent the Debtor from being forced to liquidate their possessions. There are debts that are NOT dischargeable, such as student loans, child support, or alimony. Immediately following the filing of the bankruptcy, lenders, and creditors must discontinue contacting you.