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The debts you incurred during the marriage (marital debt) are subject to division upon divorce. Courts handle these debts the same way as assets during divorce proceedings. As such, the court will split marital debts equitably if you cannot agree on how to divide them...
As an aspiring homeowner, facing foreclosure is more than just losing a property; it’s about giving up the dream of having a place to truly call your own. Watching the hard work and planning slip away can be incredibly overwhelming, but it’s important to remember your...
Losing your job as an immigrant can be very frustrating and it may even put you in a precarious position when considering your immigration status. For instance, you may have come to the United States using an H1B visa. You got this visa in exchange for taking a...
Did you start a family business with your spouse? It’s very common, in part because you already have a natural relationship. If you’re just building up a business on the side, it’s easy for the two of you to work together. Plus, your lives are already intertwined in...
New York's Green Light Law allows undocumented immigrants to obtain a driver’s license regardless of immigration status. Implemented in December 2019, the law provides access to standard licenses without requiring applicants to prove lawful presence in the United...
High-asset divorces can be complex and contentious, often involving significant financial stakes and complicated legal issues. Below are some of the main challenges commonly faced in high-asset divorce cases. 1. Accurate valuation of assets One of the biggest...
There’s no question that medical debt accounts for a large portion of overall consumer debt in this country. Further, because hospitals and other medical providers are quick to turn it over to collection agencies, it’s also among the most likely to appear on credit...
Running a business on your own can feel like a lonely place. As a sole business operator, you bear all the financial and legal responsibilities. You also largely oversee the future growth of the company. It is for this reason that many business owners opt to bring in...
Did you know that child custody can generally be divided into two categories? These are legal custody and physical custody. What most people think of first is physical custody, or which home the child lives in – and which parent they live with at the time. However,...
People sometimes make the mistake of assuming that bankruptcy always happens because a person made poor financial decisions. Maybe they took on too much debt. Maybe they had reckless spending habits. Maybe they just weren’t smart with their money and they lost...