Posts Tagged ‘divorce nj’
New Credit Rules – Household Income No Longer Counts
This week I learned about a recent change in the law that will affect divorcing couples’ credit and their ability to move forward financially. In a nutshell, as of October 1, 2011, instead of household income, only individual income will be considered for establishing credit. This means that a stay at home mom is going…
Read MoreWhy Choose Divorce Mediation?
As a rule the public generally thinks of the divorce process as a litigated divorce—two parties going to court until the matter is concluded either by the decision of a judge or by the parties settling things somewhere down the line. Unfortunately this process takes a long time, costs a lot of money and most…
Read MoreHow to Talk to Children About Your Divorce
One of the most significant concerns that couples with children face when they are approaching divorce is how to tell their children about the impending divorce. I generally suggest that they consult with a professional counselor for guidance, and I frequently meet and speak with therapists so that I can provide my clients with a…
Read MoreWhat is Divorce Mediation?
Divorce mediation is an alternative process for getting divorced rather than hiring attorneys and fighting in court. Traditionally a divorcing couple would each hire an attorney, file a Divorce Complaint at the local courthouse, and the battle would begin. This battle could take years and cost thousands of dollars, however, when a couple chooses divorce…
Read MoreCalculating Alimony in New Jersey and Pennsylvania
There are significant differences and similarities in the law on alimony in New Jersey and Pennsylvania. The law in New Jersey is more presumptive of an award of alimony than it is in Pennsylvania. The court in New Jersey is more likely to equitably distribute the parties’ property equally and then order a more generous…
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