The following guide will help you understand how debt is divided in a divorce and what to expect if you are going through a divorce in which there is shared debt involved. When going through a divorce, it helps to have a professional divorce lawyer to navigate the division of financial assets including debt.
Deciding to file for a divorce is not a choice that should be made on a whim. Divorces are long, messy situations that will require plenty of your time, money, and effort, and they affect more people than just the divorcing spouses. Divorce proceedings are always more complicated and often more painful if there are…
Whether divorced parents should pursue a co-parenting or parallel parenting arrangement depends on the situation between the parents. The following is a description of both post-divorce parenting options to help divorced parents decide which arrangement will work best for their children.
In essence, you should tell your divorce lawyer everything. Some details may be more embarrassing to admit, but it’s best to have your divorce attorney fully aware of your situation so they can arrange a solution that still works in your best interest. Spouses intentionally hold back embarrassing details when they discuss a case with…
A divorce is a lifechanging event, one that affects a myriad of financial and life situations. Insurance coverage is one critical aspect that must be properly addressed after a divorce. Divorcing spouses should know how long an ex can stay on an insurance plan once divorce proceedings are finalized. 1. Health Insurance The majority of…
Dealing with domestic abuse during a pandemic is devastating but, please know that you are not alone! Know your rights, and contact Allen Gabe Law, P.C. for any and all inquiries for divorce, restraining orders, and child custody concerns.
A common misconception is that only wealthy couples need a prenuptial agreement. A young woman who anticipates inheriting a massive sum of money will benefit from a prenup just as equally as an eager entrepreneur with only a hundred dollars and loads of debt to his name. Without a contract outlining what happens to each…
Allen Gabe Law P.C. has received the Presidential Citation Award from the Rotary Club of Schaumburg-Hoffman Estates as well as an affiliation as a Fellow for the National Association of Distinguished Counsel.
The process of gaining full custody of your children is a stressful process. In this guide, we will cover the steps you need to take to obtain sole custody of your children in Illinois.