A home is a major purchase that can stretch the financial resources of a Parker resident. It is also, however, often a person's most valuable asset and a source of financial security for them. A person can choose to secure a second or more subsequent mortgages on...
Parker Law Blog
3 tips to help you find financial freedom during bankruptcy
There are many reasons why individuals turn to bankruptcy to address the debts plaguing them. You may be unable to work because of a sudden illness and cannot recover financially because of the lack of income and influx of bills. Or, maybe your credit card bills got...
Important reminders about child support
Children should not have to pay the price for their parents' decisions to end their marriages. That is why in Colorado and other jurisdictions throughout the nation courts order parents to pay child support. Child support is money that custodial parents may use to...
What is the significance of legal custody?
Children are unique beings that have different needs from their parents. When two parents go through a divorce the careful balance that they have created to provide stability for their children may be upset by the turmoil in their relationship. When Colorado families...
Property that may be subject to division during a divorce
Martial property is subject to division during a Colorado divorce. While the separate property that individuals maintain will remain their individual assets once their marriages are over, martial property must be split amongst the spouses with each spouse taking their...
Bankruptcy can help debtors hold onto their homes
Debts are burdensome and uncomfortable. When Parker residents receive their monthly credit card bills and see that their balances have ballooned due to interest fees or that an unexpected medical procedure is thousands of dollars more than they anticipated, they may...
When is sole custody ordered in family law cases?
Every child custody and family law case is based on different facts and will involve children who have different needs. The best interests of one Colorado child may vary greatly from those of another, and for that reason individual custody cases receive their own...
Who gets to keep your vacation home in a Colorado divorce?
The Colorado landscape is dotted with mountains and lakes, both of which lend themselves well to the establishment of a vacation home. Many families in Colorado have a vacation home where they can enjoy the summer or the winter holidays together. These properties can...
When does spousal maintenance end?
Getting a divorce can be difficult for a Colorado resident, especially if they have concerns about how they will financially support themselves once their marriage is over. In some divorce cases, financially disadvantaged individuals may secure alimony or spousal...
Using bankruptcy to stop home foreclosure
Facing home foreclosure can be scary for a Colorado family. The prospect of losing one's home can weigh heavily on a person who faces uncertainty regarding where to move their spouse and children. When foreclosure becomes a possibility in their life, they may explore...