Many California residents may be battling with debt. Some individuals purchase things that they cannot afford, so they put the things they buy on credit. This becomes problematic when the borrower can no longer repay the lender. Creditors have come up with unique ways...
Gumm & Green, LLP, Attorneys at Law
Physical and other types of child custody
Single parents in California whose children live with them would probably consider themselves to have sole custody of their kids. But legally, custody is granted by the court, and without an official court order, a single parent might not be entitled to certain...
What joint legal custody means for parents and children
California parents who do not share physical custody of their children after a divorce may still share legal custody. Joint legal custody means both parents have input into decisions about major issues in the child's life such as that child's schooling, health and...
The difference between a Chapter 7 and a Chapter 13 bankruptcy
If you are a California small business owner and are considering filing for bankruptcy, you may have heard the terms “Chapter 7” or “Chapter 13,” but you may not fully understand the difference between the two types of bankruptcy filings. Even...
Bird nesting
The citizens of California are no strangers to the turmoil that comes with ending a marriage. Unfortunately, for many couples, divorce is a necessary reality that not only hurts them but also has the potential to harm their children. Consequently, couples on the verge...
Lack of financial knowledge could lead to problems in divorce
Older couples are twice as likely to get a divorce than the same age group was in the 1990s. For people in California who have not been involved in managing the marital budget, it could be the first time in decades or even a lifetime that they have had to make...
The divorce mediation process
California couples have the option of using divorce mediation in lieu of traditional divorce litigation. With mediation, the divorce process will be less expensive and take less time. Furthermore, each spouse could have greater control over the final agreement....
Tips for divorced parents to help children adjust
Parents in California who are going through a divorce may make the process more or less difficult on their children by following certain steps. They should keep a conversation going with their children to make sure they do not feel they are to blame for the split and...
What are some pitfalls of rushing through a high-asset divorce?
One mistake that is common in Westlake Village area high-asset divorces is rushing. If you are getting ready to file for divorce and there is a large amount of wealth and assets involved, you cannot afford to make hasty decisions without considering the...
Understand the truth about bankruptcy
Those who are planning on filing for bankruptcy in California or any other state should understand its true impact on their credit. For instance, some believe that a lack of negative information on their credit report prior to filing for bankruptcy will reduce its...
