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Categories for: Finances

Find Out What You Can do to Keep a Good Credit Score During Divorce
Posted in: Divorce Family Law Finances

Safeguarding Your Credit Score in the Event of a Divorce

February 24, 2023

You Can Take a Number of Steps to Preserve Your Credit During the Divorce Process in New Jersey Divorce can potentially affect your credit score, although the exact impact will depend on several factors, including your individual financial situation and the terms of your divorce settlement. If you have joint accounts with your spouse, such as a mortgage or joint credit card, the way the accounts are handled during the divorce can affect your credit score. If the accounts are not […]

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Managing Medical Bills in Divorce in Passaic County, NJ
Posted in: Division of Assets Divorce Equitable Distribution Family Law Finances

Addressing Outstanding Medical Expenses in a NJ Divorce

January 15, 2023

Considerations to Determine How Medical Bills will be Assigned in Divorce in New Jersey In New Jersey divorces, all assets and debts are subject to equitable division, either by the parties’ agreement or by a family law judge if the parties cannot agree. While most parties and judges agree that a debt incurred for the benefit of only one of the spouses during the marriage should go to the party that benefited from it, medical bills are the exception to […]

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Understanding Cryptocurrency Division in a Divorce Context in NJ
Posted in: Division of Assets Divorce Family Law Finances

Cryptocurrency Challenges in Divorce Distribution in New Jersey

November 30, 2022

As Cryptocurrency Gains Popularity, More Divorcing Couples Need to Include it During the Asset Division Process. There are many factors that go into the finalization of a divorce. One of the major procedures that can be the most complex is the distribution of assets. New Jersey is an equitable distribution state, which means that fair division of the couple’s marital assets depends on a number of points, including each partner’s income, earning potential, role in the marriage, age, health, and […]

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Learn About the Economic Considerations Facing the Payment of Extracurricular Activities in NJ
Posted in: Child Support Co-Parenting Family Law Finances Mediation

Organizing the Payment of Extracurricular Activities in New Jersey

November 23, 2022

Concerned About How to Handle Extracurricular Activities Expenses Before or After the Custody Agreement is Sealed? Every parent wants their child to succeed and enjoy their childhood.  Playing sports, participating in clubs such as art, theater, or robotics, and receiving lessons such as music or voice can enrich a child’s experiences.  Extracurricular activities teach perseverance, a work ethic, discipline, and in some cases, teamwork.  But when it comes to paying for these activities, exes may have a heated discussion about […]

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Financial Help to Get Control Over Your Finances in New Jersey
Posted in: Divorce Family Law Finances

Methods for Healthy Finances After Divorce in New Jersey

October 29, 2022

A List of Helpful Tips to Effectively Regain Control of Your Finances After Getting Divorced Divorce can be overwhelmingly stressful, even in the best of circumstances.  Since more than 40% of marriages end in divorce, the likelihood of having one is pretty high. Getting a divorce can be expensive, even when it is amicable.  It can cost anywhere from $20,000 to $100,000 or more for complex cases involving child custody. Besides the cost of your divorce, once you and your […]

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