The holiday season is here. For some Michigan residents, this means added financial stress. Numerous individuals go further into debt around the holidays by charging gifts and hoping to pay off their credit card bills eventually. Unfortunately, some find that extremely difficult to do, thanks to their already tight economic situations. A bankruptcy law attorney may be able to help such individuals achieve the debt relief they desire.
Many couples in Michigan and elsewhere who are choosing to end their marriages have a lot of decisions to make about how to make their family life work when all is said and done. When a couple has children, it can be difficult to decide what living situation would be best for them in the long run. Many people are turning to nesting, but does this type of living arrangement really work long term? Some family law experts feel it may not.
Michigan residents who have found themselves in difficult financial positions often do not know what to do to fix the situation. There are a number of debt relief options out there, but they are not sure which will best suit their needs. This week, this column will address Chapter 13 bankruptcy law and how it can help a number of people achieve the financial relief that they need.
Divorce and custody matters are emotionally charged and complex issues, and they can be exceptionally difficult for fathers. Despite the fact that many courts are now leaning toward allowing children to have equitable access to both parents, Michigan fathers may find they still have to fight for their rights. In order to do this, fathers need to know how custody and divorce law may affect them and how they can protect their interests.
When approaching divorce, it is always wise to build a divorce strategy, so that you understand your own priorities and how to protect them. You may be hoping to jump ship and cut ties, or you may have a lot of tangled finances and custody issues to resolve.
Many Michigan residents are homeowners. Many Michigan residents are also in the process of ending their marriages or thinking about doing so. Some former couples will want to sell their marital homes, split the profits and move on with their lives right away. Others may wish to continue living together for the time being. Either way, a divorce law attorney may offer guidance on how one can reap the tax benefits associated with selling the marital home.