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Debt Relief

Morristown Divorce and Family Law Attorneys Advising on  COVID-19 Stimulus After Divorce

Which Spouse is Entitled to a COVID-19 Stimulus Check After a NJ Divorce or Separation?

Although they are officially referred to as “2020 recovery rebates,” they are technically tax rebates, which will be credited against federal income taxes owed in the next tax year. As the on-going pandemic and continuing job uncertainty do nothing to abate the financial woes many couples who are divorcing, separating, or considering the dissolution of …

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How does Equitable Distribution work in the State of New Jersey?

How does Equitable Distribution work in the State of New Jersey? Our founder attorney Sarah J. Jacobs, Esq. with nearly 20 years of experience, and certified by the Supreme Court of New Jersey as a Matrimonial Law Attorney and Qualified as a Family Law Mediator, explains in this video the proper concept of Equitable Distribution. …

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How a Family-Owned Business Can Be Handled During Divorce in New Jersey

When divorcing someone you share a family-owned business with, it’s common to have lots of questions. Do you have to divide the family business? Will you—or can you—continue running the business together? Can one of you buy the other person out? Is a shared business subject to equitable distribution?  There are numerous considerations for business …

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Dividing Debt and Protecting Credit Rating in Your Morristown NJ Divorce

Protect Your Post Divorce Credit Rating & Creditworthiness

Dividing Debt and Protecting Credit Rating in Your Morristown NJ Divorce Serving Clients across Madison, Florham Park, Morristown, Randolph, Rockaway, East Hanover and Morris County As discussed in “Debt and Divorce”, when it comes to equitable distribution during divorce proceedings, debt must be fairly divided in a similar fashion to assets including complex assets, retirement assets, family-owned and …

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Full Financial Disclosure & the Discovery Process Divorce Attorneys Morristown NJ

Full Financial Disclosure & Discovery Process

Full Financial Disclosure & the Discovery Process Divorce Attorneys Morristown NJ Serving Clients across Madison, Randolph, Morristown, East Hanover, Dover, Tewksbury and across Morris County Collecting, preparing, and exchanging full financial disclosures is a vital part of the divorce process. Willful omissions of debts and assets when preparing the preliminary financial documents can lead to …

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Unvested Stock and Equitable Distribution Attorneys Morristown NJ

Unvested Stock: Retirement Assets & Equitable Distribution

Unvested Stock and Equitable Distribution Attorneys Morristown NJ Representing Clients across Randolph, Madison, Morristown, Florham Park, Denville and across Morris County, New Jersey Often considered the most time-consuming and demanding aspect of any divorce process, the division of assets must be completed before a Morris County divorce can be granted. Whether you and your partner …

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Morristown Divorce Attorneys Discuss Imputing Income in Child Support Proceedings

Imputing Income To Determine Child Support Obligations

Morristown Divorce Attorneys Discuss Imputing Income in Child Support Proceedings Serving Clients in Denville, Randolph, Hanover, Madison, Morristown, Tewksbury, and Morris County Imputing income or “attributing” income to one party can be a significant issue in divorce or the dissolution of a civil union, especially if there is a disparity in incomes and support is an …

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Morristown Divorce Attorneys: Debt and Bankruptcy

Debt Relief Through Bankruptcy or Divorce?

Morristown Divorce Attorneys: Debt and Bankruptcy Financial challenges, disagreements on spending, and/or lack of a unified and agreed upon household budget are often contributing factors when individuals entertain the prospect of divorce. When considering divorce finances often play a role, including but not limited to, the strain that debt can place on a relationship. There …

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