After the divorce, the court often issues orders to establish arrangements finalized during proceedings. One of the essential components of this process is child support, which may take effect immediately. This type of order allows parents to contribute to their...
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The benefits of a low-conflict co-parenting setup post-divorce
When parents end their marriage, their responsibilities toward their children do not stop. They may still work together to raise their kids through custody, placement and child support. Therefore, divorcees who want to be co-parents need to have constant...
How can Chapter 13 bankruptcy help me recover from insolvency?
The burden of an insurmountable debt could cause worry, panic and apprehension. When there is nothing left to do, debtors usually resort to filing for bankruptcy relief. However, bankruptcy is not a dead end because it may be the solution to your financial woes. What...
How Chapter 7 bankruptcy can affect child and spousal support
Understanding how Chapter 7 bankruptcy might change your responsibilities after a divorce is important. This is especially true if you’re responsible for paying child support or alimony. You may be asking, “Will these payments stop when I file for bankruptcy?” Under...
Is it more strategic to file for divorce first or bankruptcy?
Money problems and financial infidelity are some of the most common reasons married couples argue. When debts pile up and the stress becomes overwhelming, the cracks in a marriage can widen, leading some to consider both divorce and bankruptcy simultaneously. Before...
3 legal considerations before filing for divorce
Divorce is one of the most challenging experiences that can profoundly impact your life and those around you. The number of married people dissolving their unions has been on a downward trend over the last few years but rose slightly in 2022. If you are considering...
What types of debt can be ineligible for discharge?
When people struggle to shoulder their debt, it can be practical to seek solutions to relieve the financial burden through bankruptcy. This option can help in different scenarios, including individuals and businesses going through challenging times. Filing for...
Situations in which you might need a postnuptial agreement
Marriage in Wisconsin is a significant life event. It brings two individuals together, intertwining their lives in various aspects. It can be prudent to consider the potential need for a postnuptial agreement in certain situations. Financial shifts and business...
Preparing for child support payments during divorce
Going through a divorce can be emotionally challenging. When a married couple has children, it becomes even more complex. One critical aspect to consider during this process is child support. If you expect to owe child support, you must prepare. Preparation can help...
When is it time to declare bankruptcy?
Financial difficulties can be overwhelming. Digging oneself out of a hole may be impossible with even the most earnest attempts. At a certain point, individuals need to evaluate whether declaring bankruptcy is the best decision. Recognizing the signs that indicate one...