Raleigh Divorce Law Firm
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Property Division Archives

Financial mistakes to avoid during divorce

During a divorce, people are dealing with a lot of stress and making some difficult decisions. On top of this, they are transitioning from one household into two. Often, one of the main sources of contention and concern during this time is the financial standing of each party.

3 challenges of putting a price on marital property

Dividing property is typically one of the most onerous steps in a divorce. People are often dealing with painful emotions that cloud judgment and make it difficult to know what is fair. There are also logistical obstacles in dividing property that further complicate the process.

Maintaining a business through divorce

Marriage is a major commitment, complete with the phrase "'til death do us part," though it doesn't always last that long. Marriage isn't the only major commitment in life. Business ownership is a long-term investment that needs to coexist with whatever situations come up in personal life. Sometimes, that includes managing a business through the divorce process.

Take precautions when divorcing a financially dishonest spouse

When people get divorced, they often look back on the marriage and reflect on what went wrong or where the relationship went off track. They might think of some behaviors or events that were red flags and pointed the relationship toward its end.

New Year's resolution include divorce? 3 tips.

The first working Monday after the holiday season is dubbed "Divorce Day" for a reason. Many couples choose to forgo filing for divorce until after the holidays have ended. Some wanted to make a few more family holiday memories while others found the stress that comes with this time of year provided that final push towards divorce.

Tips for property and debt division and protecting your credit

In a divorce, you divide not only your shared assets but also your shared debts. That said, even if your divorce agreement says your ex is now responsible for certain debts, your creditors have no reason to let you off the hook. Creditors are not a party to your divorce agreement, so legally they don't have to abide by what your agreement or order says about who is responsible. This is why any agreement or order should clearly specifies what will happen if your spouse defaults on their financial obligations and how you will be protected.

Raleigh Divorce Law Firm

8341 Bandford Way
Suite 1
Raleigh, NC 27615

Phone: 919-256-3970
Fax: 919-256-3971
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