What If My Ex and I Agree to Modify My Child Support Obligation?
If you are required to pay child support pursuant to a Court Order, you should not rely on oral agreements to modify support. In the event you and the payee reach an agreement to modify or eliminate your support obligation, the same should be reduced to writing in a formal Stipulation and Order. That Stipulation […]
Bankruptcy FAQ
1. What is a Chapter 7 bankruptcy and/or a Chapter 13 bankruptcy? Chapter 7 bankruptcy is a liquidation proceeding. The debtor turns over all non-exempt property to the bankruptcy trustee who then converts it to cash for distribution to the creditors. The debtor receives a discharge of all dischargeable debts usually within four months. In […]