If one of the parties to a divorce action files for divorce, can he or she later file bankruptcy during the course of the divorce? The answer to this question is yes. Now let's change the circumstances a bit. A husband and wife are involved in a divorce and during the course of the divorce, the husband is ordered by the court to make mortgage … [Read more...]
The Court Values Marital Property and Professional License
Justice W. Kelly, sitting in the Supreme Court in Rockland County recently rendered a decision in a contested matrimonial action. In this lawsuit he determined the valuation of the husband's dental practice. He also valued other separate property and marital property. The assets in question were the marital residence and its contents, and … [Read more...]
