Going through a divorce is challenging for both parents and children. A parenting plan ensures that both parents are on the same page when it comes to raising their children after separation. Crafting a balanced plan that addresses everyone’s needs is essential for a...
Empathy And Experience In Bankruptcy, Family Law And Estate Planning
Parker Law Blog
Navigating the division of assets: Handling second homes in divorce settlements
Dividing assets in a divorce presents challenges, especially when it involves a second home. Whether it's a vacation home, rental property, or family cabin, the second home holds both financial and emotional value. This blog will explore how divorce settlements handle...
Can one co-parent send their children to overnight summer camp?
Summer vacation from school is often a time for adventure and enrichment for children. They can learn new skills, socialize with friends or even secure part-time jobs. In some cases, they may want to spend a significant amount of time away from their families....
Bankruptcy basics: What you need to know
Bankruptcy helps people and businesses struggling with overwhelming debt. It provides a legal way to get relief by either eliminating debt or creating a repayment plan. The two most common types for individuals are Chapter 7 and Chapter 13 bankruptcy. Chapter 7 allows...
3 options for business owners during divorce
Divorce brings significant changes to your life and finances, but many business owners must also consider whether the end of their marriage will also lead to major changes for their company. If your spouse has a claim on your business, your choices during divorce can...
Can I keep our ski chalet after divorce?
Deciding the fate of shared properties, such as a ski chalet during a divorce, can be as challenging as navigating the slopes of Aspen during a heavy snowfall. A ski chalet is not just a substantial financial investment but also a repository of cherished memories and...
Chapter 7 Vs Chapter 13 bankruptcy: Which path is right for you?
Filing for bankruptcy is a significant decision. It provides a fresh financial start for those struggling with overwhelming debt. Two of the most common bankruptcy options are Chapter 7 and Chapter 13. Each serves a unique purpose and fits different financial...
What steps help rebuild credit after bankruptcy?
Bankruptcy can feel like a huge setback, but it doesn't have to define the future. Many individuals face financial challenges, and bankruptcy offers a fresh start. Rebuilding credit after bankruptcy takes time and effort, but it is achievable with the right approach....
Making a recovery when divorce leads to bankruptcy
Marriage dissolution often leads to significant financial strain. When two incomes become one, or when assets become divided, the financial impact can be overwhelming. In some cases, divorce may even lead to bankruptcy. The situation is particularly challenging in...
Filing for Chapter 7 bankruptcy: Do you qualify?
Filing for Chapter 7 bankruptcy in Colorado can provide a fresh start by liquidating your debts. However, there are specific qualifications you must meet to be eligible. Income requirements To qualify for Chapter 7 bankruptcy, your income must be below the median...