Family Business Law Blog

With the economic downturn bankruptcies in divorce have become more frequent.  There are considerations and issues that you must be mindful of.... Read More

If you were to divorce five years ago, most families had homes with equity, a healthy line of credit, money in the bank and stable employment.  Husband and wife would file for divorce; usually fight over who would take the home and how to divide their assets.... Read More

Bankruptcies have become an option for divorcing couples.  Many couples who are married or are in the process of getting married, fearful of the economic future look at prenuptials and a prophylactic to protect themselves against the other spouse’s financial failures.  One must understand a Prenup or Postnup, or similar marriage contracts are contracts between one spouse and the other.  Creditors have no obligation to honor this agreement, since they are not a party to... Read More