When debts become overwhelming, most people know that bankruptcy is an option. Yet, many filers worry about having to sell off their assets as part of the Chapter 7 bankruptcy process. You should know that the court deems some property as either exempt and nonexempt....
Citrus County Law Blog
Why do people get divorced?
Divorce was the furthest thing from your mind when you got married, but now you’re not so sure. You’ve seen the statistics. Clearly, people don’t get married already planning to get divorced, so what changes? What pushes them toward ending the relationship? What's...
Should you consider a plea deal?
You've been charged with a serious offense, but the prosecutor is offering a plea deal. Should you take it? Maybe. What's the value of a plea deal? Essentially, the main benefits of a plea deal include the fact that they eliminate uncertainty and can result in a lower...
How much should you tell your children about your estate plan?
One of the reasons you’ve put off having an estate plan is that you don’t want to have difficult discussions with your adult children. You’re nervous about telling them how much money you’re leaving to each of them and whom you want to be in charge of administering...
Planning to file for divorce in January? Do these things now
Are you contemplating a divorce in January? If so, you’re not alone. Every January, there’s a steady stream of couples making their way to attorneys. So much so, the first Monday every new year is commonly called “Divorce Day” in legal circles. When Jan. 4, 2021 rolls...
Have you created a living will in case you get sick or hurt?
Estate planning is something that too many people procrastinate about. Even those who may have taken the usual step of creating a last will may not have more comprehensive plans in place yet. They may hold off on making decisions beyond how to allocate certain...
Should you file bankruptcy before or after the holiday season?
Financial problems can put a big damper on your holiday season -- but you may not be ready to file for bankruptcy just yet. Maybe you haven’t decided that bankruptcy is the best option, or maybe you simply can’t bear the thought of dealing with all that paperwork and...
How to protect your finances as you prepare for divorce
You’re well aware of the impact divorce will have on your personal life, but the same holds true of your finances. If you don’t make informed decisions as you prepare for divorce, you could find yourself traveling down the wrong path as the process begins. Here are...
Is bankruptcy actually your fault? Probably not.
Bankruptcy is such an interesting topic because some people feel a moral obligation not to use it. In their mind, borrowing money means agreeing to pay it back. Something like Chapter 7 liquidation bankruptcy seems to get around this by only paying off a portion and...
Shoplifting isn’t always out of necessity
Sometimes, people shoplift because they desperately need something that they cannot afford. They’re not sure what else to do. For instance, one of the items that gets stolen the most every year is baby formula. While some do this to resell it on the black market, you...