Divorce and foreclosure are significant life events that can bring considerable upheaval. They both represent a loss of stability, whether it's the end of a marriage or losing a home. Each situation carries substantial emotional and financial burdens, making it crucial to understand their full implications. Divorce and foreclosure impact personal, … [Read more...]
Strategies to Keep Your Home Secure Amid Divorce and Bankruptcy
Dealing with a divorce and facing bankruptcy at the same time can put enormous pressure on any family, especially when your home is at risk. This article, courtesy of the Law Offices of Schlissel DeCorpo, provides straightforward tips and practical advice for those who find themselves in this tough situation. Whether it's understanding your legal … [Read more...]
No-Fault Divorce in New York
No-Fault divorce involves a divorce which can be obtained without either of the parties to the marriage having to allege or prove the other party has in some way, form or manner misbehaved. Almost all of the States in the United States today have some form of a no-fault divorce law on the books. The grounds for a no-fault divorce in the … [Read more...]
Challenges To Separation Agreements To Set Them Aside
Parties who enter into separation agreements presume they are valid. However, there are a number of specific ways to challenge a separation agreement. Fraud A party that enters into a separation agreement is supposed to disclose all of their assets and income. If it can be shown one of the parties had hidden their assets or income or presented … [Read more...]
Video : Valuing an Illegal Business in a Divorce
Annulments In New York
An annulment in New York involves a legal action which seeks to declare a marriage invalid or void pursuant to an order by a Supreme Court Judge. An annulment eliminates the marriage from ever having taken place. A divorce involves a marriage that has failed. An annulment involves returning each of the parents back to being single and never having … [Read more...]
Martial Residence Should Not Have Been Ordered To Be Sold Because The Parties Did Not Consent To The Sale.
A New York Supreme Court Order of May 18, 2021 ordered that pending the litigation of the divorce the parties martial townhouse must be sold. This matter was appealed. The issue that was presented on appeal was whether the parties had consented to the sale of the townhouse. The general rule is before the parties are granted a divorce, the court … [Read more...]
Valuing an Illegal Business In A Divorce
Some of the types of businesses which are illegal involve the sale of drugs, bookmaking, gambling, pornography and prostitution. These are just examples of illegal businesses which can be quite profitable. Valuation of Illegal Business It is extremely difficult to value an illegal business. Individuals in illegal businesses do not maintain books … [Read more...]
Divorce cases after Covid-19
The Covid-19 pandemic has had numerous effects on divorce litigation. The process now takes longer because courts have been closed for a period of time in New York due to the Covid-19 pandemic. At the current time, litigants in court proceedings in New York do not personally appear in court. Court appearance are handled on Microsoft Teams, a … [Read more...]
Things To Consider When Considering Divorce
The 1970s saw the highest rate of divorce for marriages in America, with rates higher than 5 divorces per every 1,000 Americans. Although divorce rates have generally been in a downward trend since then, the complications and effects from going through a divorce have not been in a generally downward trend. Depending on how people look at it, the … [Read more...]
