It is not unusual for spouses in Colorado to have significant assets coming into a marriage, particularly if they marry at an older age. For example, they may own a home or business prior to getting married. However, what happens to these assets should the couple...
Empathy And Experience In Bankruptcy, Family Law And Estate Planning
Parker Law Blog
Help your children cope with the divorce
Going through a divorce means having to adjust various aspects of life. This is difficult for adults but it is also very tough on children. When their parents go through a divorce, they are forced to make major changes to the only way of life they've ever known. They...
Can homeowners work with their lenders to stop home foreclosure?
Owning a home is, for many in Colorado, the "American Dream." People will spend years saving for a down payment so that they can take out a loan to purchase the home they hope to live in for years to come. Yet, they need to understand that taking out a mortgage...
Seeking solutions to child custody issues in Colorado
When a child's parents divorce, the child's best interests should be met above all else. Divorce is not an easy time for a child. They will have to become accustomed to living in two homes, and they may experience a range of emotions, from confusion to sadness to...
Tax law changes intersect with various divorce legal issues
It may not be time to file your 2018 taxes yet, but people in Colorado should be aware of some significant changes to current tax laws that also affect family law issues they may face, especially if they have decided to end their marriage. Understanding how these...
Can you discharge student loan debt through bankruptcy?
As many of our readers in Colorado may know, many people in our nation are struggling under an insurmountable amount of student loan debt. Many factors, including the economy, job markets and skyrocketing tuition prices, have led many people to take out student loans...
Addressing property division issues in a prenuptial agreement
While some couples in Colorado marry young without much by way of assets to their names, it is not unusual for couples to marry at older ages these days, or even to divorce and re-marry a second time. This also means that it is not unusual for couples to enter into a...
Medical bills, even for the insured, can spell financial disaster
When most people think about having to file for bankruptcy, they think of people who have amassed massive credit card debt. What most individuals don't consider is that many people who are contemplating bankruptcy are in this position because of a medical condition or...
Can a short-sale stop home foreclosure?
When a person in Colorado is facing foreclosure, it can be incredibly stressful. After all, that person may have tried selling the home at a price that would allow them to pay off their mortgage, but could not find a willing buyer, especially if the value of the home...
Parents in Colorado can plan for the school year post-divorce
Summer has come and gone, and children across Colorado are going back to school. While this can be an exciting time of year for some children, for children whose parents are divorced going back to school can be stressful. It is important for divorced parents to work...