215-322-2745
Areas & Topics

Philadelphia Pennsylvania Family Law Blog

Will you still have to pay child support with joint custody?

Joint custody has many advantages for children and is often in their best interest. They get quality time with both of their parents and grow up with secure and loving attachments. However, joint custody can be tougher on the parents. They might be away from their children half of the time, and while it gives the parents more opportunities to pursue career development and personal interests, it may make for lonely times once in a while.

In a piece of good news, child support sometimes becomes much less of an issue when parents share custody. The parents generally pay for the expenses the child incurs when staying with them and, of course, pay to maintain adequate housing and to clothe and feed the child. However, there are situations in which one parent may still need to pay child support despite having the child half of the time.

A few tips on handling debts during divorce

Many people in the Philadelphia area do not realize that divorcing their partners does not mean they are automatically free of their joint financial obligations. It might not have taken long for you and your spouse to comingle finances and open joint accounts. Untangling them is the not-so-easy part. 

Creditors can legally go after either or both parties of the marriage for payment. This could make it more challenging and burdensome for you to adjust to your new standard of living after the courts finalize your separation. Here are some pointers that can help you transition back to singlehood with little to no joint debts after divorce. 

Why benefits should I consider about Chapter 13 bankruptcy?

One option you might be hesitant to consider if you are drowning in debt is bankruptcy. You might love the idea of filing for Chapter 7 bankruptcy and ending up debt-free. However, depending on your financial circumstances, Chapter 13 might be a better option. 

Many Philadelphia residents do not realize how advantageous filing for Chapter 13 bankruptcy can be. Not everyone qualifies for Chapter 7 bankruptcy. Though they have fallen behind on their car notes, mortgage payments and credit card bills, their income might exceed the financial limits for Chapter 7 bankruptcy. Take some time to consider the following benefits for Chapter 13 before you finalize your decision on which type of bankruptcy to file: 

2 mistakes to avoid when filing for bankruptcy

If you are thinking about filing for bankruptcy in the Philadelphia area, you probably have exhausted all other options to pay off your credit card debts. Bankruptcy can help you give you a fresh financial start. However, you should be mindful of what you do before and during the bankruptcy process to avoid complications with your case. 

There are several things you must do before you file to ensure you receive the maximum benefits of its protection. The wrong mistakes could cause the courts deny you the right to file at that time or dismiss your case. Take some to review the following mistakes to avoid during bankruptcy. 

A couple of bankruptcy myths to ignore

If you find yourself stressing out about how to keep your house and car, there is a good chance you have thought about filing for bankruptcy. There is so much misinformation out there about this type of financial protection. Many people in Philadelphia do not realize how much it can help their situations. If the only thing holding you back from considering bankruptcy is misinformation, it is time for you to learn the facts. 

Bankruptcy is not a bad thing. Many individuals who have found themselves in dire financial straits have used it to start over. Some of them file to reduce their debts so they can pay them back without experiencing financial hardship. Others have used it to discharge their debts and keep their home, cars and other assets. To better understand how beneficial bankruptcy can be, consider the truth about these common bankruptcy myths. 

2 lesser known benefits of bankruptcy

One tactic that some people in Philadelphia use to deal with their debts is to ignore them. You might find it hard to pay bills that you can no longer afford due to unexpected medical expenses or job loss. Your financial struggle may have you revaluating essential and nonessential expenses and exhausting various options to keep your home and cars. 

Ignoring debts does not make them go away. Your creditors are not going to stop making attempts to collect. Some creditors may use illegal collection tactics, such as contacting you outside of certain hours, harassing your family members and giving them information about your situation and making threats and scare tactics to get you to pay up. 

Recognizing illegal debt collection tactics

If you count yourself among the many Americans who are struggling in the face of overwhelming credit card debt, you may find yourself on the receiving end of what you might consider harassing phone calls and collection methods. If you are behind on your credit card payments, you can expect that these calls and efforts to reach you will continue, but there are certain rules your creditors must abide by when trying to collect on your debt.

For example, when trying to collect money from you, debt collectors cannot lawfully:

Bankruptcy and divorce in Pennsylvania: part two

Finances and divorce are tricky enough to navigate on their own. Dealing with bankruptcy during divorce can become even more challenging.

In the previous article, you learned about the different options for filing for bankruptcy during the stages of divorce. Now take a deeper look at how a joint or separate filing may affect the divorce process.

Bankruptcy and divorce in Pennsylvania: part one

Divorce may occur on virtually any terms and for a number of reasons. For quite a long time, finances have been a leading cause of divorce

If you are considering or undergoing a divorce and are also contemplating bankruptcy, it is important to understand how the process will affect the divorce. The stage at which parties file for bankruptcy determines its effect on the divorce proceedings and outcome.

Top 3 foreclosure myths

Owning a home is a goal many people strive towards. If you have finally achieved this and are enjoying the rewards of your hard work, it can be devastating to realize you are no longer able to make payments. You are not alone, though; according to NeighborWorks America, over 80,000 families have homes that will enter foreclosure in a single month.

While the situation is undoubtedly stressful, it is important to remain sane and committed to finding solutions. It is also important that you do not rely on faulty information, such as the following three myths that are often mistakenly believed by people who are dealing with foreclosure.

Contact

Joshua Z. Goldblum, Attorney at Law
Stonewood Office Campus
826 Bustleton Pike Suite 101B
Feasterville, PA 19053

Phone: 215-322-2745
Fax: 215-953-9973
Feasterville Law Office Map