5 Do’s and Don’ts of Prenuptial Agreements

The Five Do’s And Don’ts of Prenuptial Agreements

1. COMMUNICATE.  Discuss with your future husband prior to meeting with an attorney.  Have a very thorough discussion of why you want it, what you want to protect, and what you feel the advantages are to both you and your future husband.  Realize there will be concerns on each side, and each side’s concerns are valid.
Continue reading

5 Facts About Filing for Bankruptcy During Your Divorce

  1. Filing for bankruptcy during your divorce case places an automatic stay on your divorce proceedings.  This means that your divorce case (with a few exceptions) will not proceed until your bankruptcy is discharged.
  2. Bankruptcies usually take about 3-6 months to be discharged.  This means that for those 3-6 months your divorce case will be, for the most part, placed on hold.
  3. If you file for bankruptcy, any Court-ordered child support or spousal support (maintenance) must still be paid.  These obligations do not get discharged a long with the rest of your debts.
  4. If you fail to make timely Court-ordered child support or maintenance payments, even while your divorce case is stayed, the Court can still hold you in contempt and even send you to jail.
  5. Any and all debts that are not found to be “Domestic Support Obligations” can be discharged in bankruptcy.  It is important that your divorce documentation specify that certain obligations are domestic support obligations. 

August is Child Support Awareness Month

ImageIn support of August being Child Support Awareness Month in Illinois, the following is important information regarding child support in Illinois:

Child support is paid by the parent not having physical custody of the child or children.  The non-custodial parent is the parent who may have visitation with the child or children, and with whom the child or children does not primarily reside.  Depending on your circumstances, the amount of child support that you pay will vary. Continue reading

How Long Does A Divorce Take?

If you do not belong to the small percentage of divorcing couples who have agreed on all terms of the divorce at the outset, we often hear: “Why is my divorce taking so long?” You may be wondering exactly how long a divorce takes.  Continue reading