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Be careful in your divorce to pay attention to the possible effects of a bankruptcy. Most of the time bankruptcy does not have a significant impact on the other spouse. However, if there was a delay in the allocation of… Read more »
Consider contacting lawyers in Woodstock IL if you are currently in need of clarification during financial distress. When dealing with divorce or bankruptcy, it is essential to establish a needs hierarchy. The needs hierarchy is used to determine which expenses… Read more »
Dividing property during a divorce can be tricky and quite stressful. The following 4 steps can ensure that your personal property is protected and that you retain the property you rightfully deserve. An experienced family law attorney can discuss with… Read more »
Often overlooked, retirement plans can be a source to finally receive long past-due child support and maintenance payments. There are tricks and limitations in Illinois, though. If you were divorced in Illinois, you ability to get funds from a 401(k)… Read more »
Divorce and bankruptcy Illinois, unfortunately, may occur at the same time. In that event, there are issues regarding what parts of the Illinois divorce can proceed while the bankruptcy is pending. The issues are different if the divorce occurs after… Read more »
Sometimes its easy to get into the habit of treating everything acquired during the marriage as divisible marital property. After all, despite anti-alienation provisions and other historical road blocks, private pensions, 401(k)s, IRAs, municipal retirement plans and virtually every other… Read more »
