Gastonia Bankruptcy And Family Law Blog
Mediation is often the best option for divorce
Divorce is rarely an easy process. Not only can it be challenging to fairly divide assets, but strong emotions can impair decision-making and communication. A court case only complicates matters, as litigation is usually a lengthy and stressful event. Divorcing...
How to help your children adjust to your divorce
The emotional needs of your children will be an ongoing concern as you end your marriage. Although the family courts in North Carolina will need time to complete your divorce, you can promote your children's well-being throughout the process. Reassure them about your...
How to protect your credit during a divorce
While divorce does not directly impact your credit score, ending a marriage can have a significant impact on your financial well-being. Some find it’s easier to divorce a spouse than a creditor. That’s because you have a contract with credit card companies and are...
What debt collectors can’t do
Tough financial circumstances can cause some people to fall behind on certain payments. When this happens, debt collectors often start calling. While their tactics to get payments from debtors are limited under the Fair Debt Collections Practices Act, some may not...
The top 4 myths about bankruptcy
When you have debt that feels insurmountable, bankruptcy might be the best option to regain your financial freedom. Bankruptcy can offer you a path out of debt and stop creditors from contacting you. Filing for bankruptcy is a significant life choice and will affect...
Can bankruptcy discharge child support debt?
The state of North Carolina dictates how much child support a parent owes based on their income level. For those under crushing debt, bankruptcy may seem like the answers to their struggles. Unfortunately, child support is not a debt a person can have discharged under...
Should I file for bankruptcy before or after divorce?
Financial issues are one of the leading causes of divorce and ending a marriage can create considerable stress for both spouses when splitting income between two separate households. That’s why divorce is also a commonly cited reason for bankruptcy in North Carolina....
When unmarried parents split, custody poses extra challenges
Like everywhere else, couples in North Carolina often establish a household, share parenting responsibilities, set up joint accounts, and make retirement plans. And they might not marry.If they separate, reasonably straightforward North Carolina laws guide how the...
Should I let my spouse keep the house?
If you are like a lot of divorcing spouses in North Carolina, you and your partner own a house together. What has been your family home may now be turning into just an asset on paper and the future ownership of that asset needs to be determined. It is understandable...
Understanding secured and unsecured credit
There are many residents in North Carolina who find themselves facing levels of debt that they are unable to keep up with. For many of these consumers, a personal bankruptcy offers an opportunity to be free of unmanageable debt and get a fresh financial start. When...
