Find out everything you need to know about Philadelphia bankruptcy, PA divorce, immigration, etc. by reading our latest blog posts.
  • Divorcing Amicably Have you ever been at a party and met two people talking so comfortably and warmly with each other that you assume that they’re a couple, only to find out that they are ex-spouses? It happens more often than you think.  Though most people think of divorce as a highly adversarial process, it doesn’t have to be, but an amicable divorce is something that you both need to agree on. Though in the first weeks or months of a divorce it may seem like there are a lot of good reasons to be angry and to fight over …Read More ➡

  • Moving On Whether your wedding was an extravaganza in which you said “I do” in front of a few hundred family members and friends or a quiet little ceremony between you, your spouse, and a court clerk or justice of the peace, you entered that union with big dreams, hopes, and a conviction that the two of you would be forever. Unfortunately, life has unseen twists and turns, and though you may have expected a few bumps in the road, you never thought everything would fall apart. If you’ve found yourself facing a divorce, you are likely feeling at loose …Read More ➡

  • Bankruptcy Information Back in early 2017, there were a significant number of news stories broadcasting the fact that the number of bankruptcy filings that had been logged during 2016 represented a significant drop from previous years. In fact, according to the Administrative Office of the U.S. Courts (AOUSC), 2016’s bankruptcy rate dropped nearly six percent from the previous year and represented the low point for a ten-year period. That was very positive news for individuals and businesses alike and was a leading indicator of a robust economy. But even this good news had an ominous overcast, as 2016 was the …Read More ➡

  • Same-Sex Marriage and Divorce Same-sex marriage became the law of the land in 2015, when the United States Supreme Court’s decision on Obergefell v. Hodges effectively struck down all state bans on the practice and made gay marriage legal across the land. This represented a broadening of laws that had already passed in several states, as well as in several countries around the world. With same-sex marriage now more broadly available, new questions arise about how it might change marriage associated practices, including the divorce rate, adoption, and more, and it is likely that there will be a great deal …Read More ➡

  • Statistically speaking, small businesses are far more likely than large businesses to file for bankruptcy. There are a few reasons for this. The first is the overall failure rate of small businesses. According to the Bureau of Labor Statistics, one in five small businesses fail in the course of their first year, and that number only grows as time goes by, with 30% failing in their second year and nearly half failing after five years in business. But failure is not the only reason for the gap between the percentage of small and large businesses filing for bankruptcy. The other reason for …Read More ➡

  • Easy divorces are extremely rare. In most cases, the divorce process is contentious. In some cases, they are extremely high conflict affairs. The stress of a contentious divorce can have wide-ranging impacts on the individuals getting divorced and their children, as well as their family and friends. In some cases, the stress goes beyond the norms and reaches a level that creates a medical diagnosis of PTSD, or Post Traumatic Stress Disorder. There are many factors that can contribute to a divorce leading to PTSD. If the divorce is the outcome of adultery or abuse, the psychological scarring can arise from those …Read More ➡

  • If you are already having a hard time paying your bills, the approach of tax time adds another layer of stress — especially if you not only owe money for this past year, but also for years past. Whether you are simply worried about paying this year’s tax debt, never paid your prior years’ taxes, are currently paying the IRS for previous tax years on a monthly payment plan, or any combination of these, you can file for a Chapter 13 bankruptcy plan and structure payment into your payment plan. Filing for Chapter 13 bankruptcy offers several advantages when it …Read More ➡

  • It’s not hard for the curious to do some digging and find some eye-popping divorce settlements that have been agreed to by the rich, famous, and not-so-famous. But in all likelihood, they are all going to pale in comparison to what Amazon CEO Jeff Bezos may agree to in his divorce. Bezos and his wife of 25 years, MacKenzie, recently announced that they are ending their marriage amicably, and though their tweeted announcement painted a picture of two best friends, intent on continuing as co-parents and partners, there’s little doubt that Bezos, the richest man in the world, will be …Read More ➡

  • Going through a divorce is challenging under the best circumstances, but when there are children involved things are always more complex, and often more contentious. Every situation has its own unique dynamics, but a relatively new issue that has been introduced to custody discussions is the question of whether or not a parent can have their custody taken away or whether their chances of getting custody can be affected by their use of medical marijuana. The state of New Jersey enacted the New Jersey Compassionate Use Medical Marijuana Act in 2010, and Pennsylvania passed a similar (though more restrictive) law …Read More ➡

  • If you’re in the process of negotiating or navigating divorce and you’re anticipating taking advantage of the alimony tax deduction, we have bad news for you – as of Dec. 31, 2018, that deduction will no longer be available to you. If you are anticipating being on the paying end of spousal support, not only can you no longer deduct the amount you’ll be paying, but your soon-to-be-ex has now gotten something of a windfall, as they will no longer have to report what you pay them as taxable income. If that hardly seems fair to you, you’re not alone. …Read More ➡

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