» Assets and Debts

With so many people facing bankruptcy in the current climate, it may be good news to know (depending on which side you are on, of course) that the bankruptcy does not allow a person owing a domestic support obligation to use bankruptcy as a way to av… Read More

In this time of economic downturn, I am seeing quite a few people filing for divorce who have substantial debt problems, and many are considering, or needing, to file for bankruptcy. This is especially true considering that a large number of those co… Read More

The following post recently appeared in the New York Divorce Report. This article addresses one of the most important issues in a divorce, the division of marital debts. If parties have joint debt, whether it is a credit card, loan, auto loan, mortga… Read More

Discussed below is a recent ruling from the Western District of Missouri, where the Court, among other things, upheld the trial Court’s ruling of imputation of income for child support and the award of attorney’s fees. For calculation of… Read More

The following article was recently published by Jimmy Atkinson on his blog Ask the Advisor. This article addresses a very important issue in a dissolution of marriage proceeding, the division of debt. If not done properly or completely, outstanding d… Read More

The Kansas Family Law Blog had a great posting recently about the deductibility of attorney’s fees, which I have set forth below. For more information on this issue, see the tax archives of this blog It’s that time of year again. Of cours… Read More