Divorce has a significant impact on finances. Court fees, legal bills and new expenses from living separately all add up. While maintaining a strict budget is helpful, it may not be enough. You may have taken up a second job in order to stay afloat. Soon you may...
Gumm & Green, LLP, Attorneys at Law
Which groups of Americans have the most debt?
Households in California with high credit card debt are part of a trend across the country. Many Americans are charging their way to high debt, and carrying balances from month to month. Statistics show an average individual credit card debt of more than $5,000 in...
Steps to Keep a Divorce Civil
When marriages break down and end in divorce, it's common for the split to be adversarial. Many California divorces are framed as a debate between who 'won" and 'lost" the division of property. But when a divorce devolves into a battle, more often than not both sides...
The increase in gray divorces
Older married residents of California may be interested to learn that 25 percent of the people in the United States who get a divorce are at least 50 years old. This is as the rates of divorce for other age groups have either become constant or have dropped. According...
Tips for paying for a child’s college education after divorce
The College Board reports that costs for college go up at least 3 percent every year. Despite these rising costs, most couples do not have a financial plan in case one dies or the two get divorced. California parents generally cannot be required to pay for a child's...
What are the differences between Chapter 7 and Chapter 13?
If you are considering bankruptcy, you may want to compare Chapter 7 with Chapter 13. Both have advantages, but one may be better suited for your circumstances. What are the main differences between the two? The faster option Not everyone is eligible to file...
Research suggests divorce more likely when wives are ill
Couples tying the knot in California generally have a mutual desire to stick by one another no matter what life together brings. However, when serious health-related issues affect women, research suggests that their marriages may be more likely to come to an end....
Things to avoid in a high-asset divorce
California couples with a high amount of wealth who decide to divorce have a lot of obstacles when it comes to the legal process. Everything from deciding who gets how much of a business to the custody of children can be up for debate, potentially making things very...
Protecting parental rights in a custody battle
Fathers in California who want to take an active role in their children's lives may sometimes need to file a petition in state court to assert their visitation rights or fight for primary custody. Courts are increasingly recognizing the important role that fathers...
Joint custody is usually healthier for kids
A pending separation or divorce can cause all sorts of emotional upheaval for a California family. Since decisions may need to be made about child custody matters, both parents should carefully weigh their options. One of the best solutions is for moms and dads to...
