When a debtor is contemplating bankruptcy, they will either file for Chapter 7 bankruptcy or Chapter 13 bankruptcy. In a Chapter 7 bankruptcy, with some exceptions, the debtor's assets are liquidated, and the proceeds are used to pay of their debts. The process...
Empathy And Experience In Bankruptcy, Family Law And Estate Planning
Month: June 2018
Colorado parenting in the summer, post-divorce
Summer is here and for children in Colorado whose parents have divorced, summer may mean that a child custody and parental visitation schedule will be followed that is different from the one followed in the school year. For example, during the school year, one parent...
What’s the best approach to devising a parenting plan?
As you and your spouse plan your divorce, your central questions center around the kids. You figure that things like asset division should go relatively smoothly, and you care less about money than you do about the children. The one thing you know is that you and your...
How is spousal maintenance determined in Colorado?
The dynamics between a husband and wife are different in every marriage, particularly when it comes to work. Sometimes, both spouses work outside the home and earn roughly the same amount of money. Both spouses work outside the home, but one spouse earns significantly...
Homeowners may have options to stop home foreclosure
Hard financial times can fall upon just about any Coloradan. Hard times are not necessarily a person's fault, but that does not make them any easier to deal with. People often have to make tough decisions. Do they pay the electric bill or pay for their prescriptions?...
How will courts in Colorado make property division decisions?
Usually, the longer a couple is married, the more assets they will acquire. Some of these assets, such as the family home and retirement accounts, can be quite valuable. However, even less costly items can still hold a great deal of sentimental value. Therefore, when...
How can the family home be handled through property division?
The family home is where memories are made that will last a lifetime. From carrying the bride over the threshold, to birthday and holiday celebrations and more, people in Colorado can become very attached to the family home. That may be why it is such a hotly...
How do you devise parenting plans?
You and your former spouse may have recently divorced and you share children. So now, you must consider co-parenting options that will work successfully for you, your former spouse and especially your children. What is a parenting plan? A parenting plan is a child...