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August 2019 Archives

Documents that are needed in child custody hearings

California parents who will be attending a child custody hearing may have a difficult time gathering all the necessary documents. Knowing which paperwork will be relevant could swing the hearing in one direction or another. It's better to have too much documentation as opposed to too little.

Coparenting is a life-long commitment

Divorce in California is a process that should be worked through one step at a time, especially when there are children involved. No matter the reason for the split, it's important to be honest with the kids and for the exes to maintain a cordial relationship with each other. When the time comes for new love and perhaps remarriage, coparenting will be as vital as ever for the development of the children.

Debtors may need to wait before filing for bankruptcy

A person who files for Chapter 7 bankruptcy will need to liquidate all nonexempt assets and use the money raised to pay creditors. Typically, a liquidation bankruptcy case in California is completed in about four to six months. Those who wish to file a Chapter 7 case may need to pass a means test, which compares their income to the median in the state. In some cases, individuals will need to wait to file their cases.

Chapter 7 and Chapter 13 personal bankruptcies

The bankruptcy code provides two debt relief options to California residents who are struggling to cope with unmanageable financial situations. Chapter 7 bankruptcies are often referred to as liquidation bankruptcies while Chapter 13 petitions are commonly called reorganization plans, and debtors choose between these options based on the amount of money they earn and the kind of assets they hold.

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