Michigan Family Law Blog
Reasons to consider Chapter 7 bankruptcy
When you are facing financial difficulties, it's common to feel concerned about your future and what you can do to improve your situation. While you may feel limited to a certain degree, filing for Chapter 7 bankruptcy may be just what you need to right the ship and...
The common defenses to a theft charge
Michigan residents and others who have been charged with theft may not have actually violated any laws. For instance, those who take back property that belongs to them are not engaging in theft. However, a person who claims ownership of an item will need to produce...
How to balance work and a divorce
The stress of a divorce can have repercussions in a number of different areas of a person's life, including the workplace. There are steps people in Michigan can take to reduce the effects that it has on their career. Socializing after separating First, people may...
Getting by at work during a divorce
Individuals going through a divorce in Michigan may be struggling in other aspects of their lives, like getting themselves to work or taking care of their kids. Divorce takes a big emotional toll on just about everyone, and not everyone handles it the same. However,...
Financial tips for dealing with divorce
When a couple in Michigan gets divorced, the partner who was less involved in managing marital finances may be at a disadvantage both during and after the separation. This tends to happen to women, who are more likely than men to relinquish financial matters to a...
How asset trusts can be used to shield property in a divorce
In some cases, when Michigan couples are going through a divorce, one spouse might attempt to hide assets from the other. Some people may use asset trust laws in South Dakota to do this. Much as Switzerland was for decades, South Dakota is fast becoming a place for...
What are your obligations for Chapter 13 bankruptcy?
Michigan residents go through a long process when deciding to file for bankruptcy. It is important to understand if this option is right for you. Once you decide that, you must choose which type of bankruptcy suits your situation. If you choose Chapter 13, you must...
Learn the facts about bankruptcy
There is a stigma attached to filing for bankruptcy, and where there is a stigma, there is misinformation and confusion. You may have an interest in filing for bankruptcy as a means of debt relief but are unsure how it will affect you now and in the future. We believe...
What are some differences between divorce and legal separation?
When you and your spouse decided that your marriage cannot continue as it is, many people choose to divorce. However, legal separation is another option which has its own benefits and drawbacks. Definitions The key difference between the two is how intertwined your...
The number of senior Americans filing bankruptcy petitions surges
Seniors face financial risks and issues that could worsen as their monetary safety net grows smaller and their debt-to-income ratio grows larger. According to the Federal Reserve Bank of New York, total debt for seniors 70 and older has increased by at least 543%...
