Bankruptcy and Divorce… When to file?

One of the number one reasons that people divorce is because of financial problems.  And financial problems, all too often, can lead to bankruptcy. So if you are considering filing for bankruptcy, the question becomes, do you file before or after the divorce? Florida Bankruptcy Attorney Monica Shepard wrote a great article on the topic … Read more

Bankruptcy and Divorce – Thoughts to Consider

It’s no secret that one of the biggest things that couples fight about is money.  And in these tough economic times, it doesn’t take a whole lot to push a couple over the edge… from a financial standpoint.  In certain situations, bankruptcy may be a viable option for you.  If you are considering filing for … Read more

How to prepare for divorce tip #10: Avoid additional Debt of Major Purchases

One of the biggest mistakes I see divorcing couples make is piling on additional debt after they separate, thinking that their spouse is responsible for one-half of this new debt.  This couldn’t be farther from the truth.  In North Carolina, the courts will look at the amount of debt you, as a couple, have incurred … Read more

How to prepare for divorce tip #9: Credit Cards and Lines of Credit

This is the ninth in a series of tips about what you should do to prepare for a divorce or separation.  I believe strongly in the collaborative divorce process, but that doesn’t mean that you shouldn’t prepare for the worst.  I was a boy scout, and our motto was “be prepared”.  If you are considering … Read more

Other Cary Lawyers I recommend

As a Cary Divorce Attorney, I consider myself a valuable resource for my clients.  This means that not only should I be able to counsel them on their particular case and the law as it applies to them, but I should also be able to spot other potential issues and refer them to other attorneys … Read more

Problems refinancing the marital home?

One issue that I see come up again and again in divorce cases is that of the marital home – who should get it, and how to relieve the other party of the mortgage (in NC they are called Deeds of Trust) that is associated with it.  North Carolina has some extremely bank-friendly foreclosure statutes, … Read more