How to get through a divorce during financial struggles

How to get through a divorce during financial struggles

The decision to file for a divorce is likely to be an emotional one rather than a financial one. Therefore, even if you are not sure that you can afford to go through a divorce or if you are uncertain about how it will affect you financially, you may decide to file anyway. Alternatively, you may have decided to file for a divorce before losing your job and entering a tough financial situation. If you are currently in the midst…

Can I Modify my Maintenance?

Once Maintenance (also referred to as alimony or spousal support) is made an Order of the Court, it is only reviewable or modifiable in limited circumstances.  First, make sure the maintenance was not “contractual maintenance,” which cannot be modified by the Court.  Also look to terms of maintenance to see the duration and when it terminates, which may be upon a final payment date or an event like remarriage, civil union, or cohabitation of the receiving party.  And otherwise, you…

Divorcing with a child: How early is too early?

You’ve always been close with your spouse, so when you found out that they had been sleeping with someone else, you were furious. It was like your friendship and marriage were shattered at the same time. That break in trust eventually led to where you are today, considering a divorce. You want to leave and start fresh, because you don’t think you can get over what happened and trust your spouse again. It’s not just you in this relationship, though….

What to do with the family home in a Colorado divorce

The home is often the center of family life. It is often where holidays are celebrated, the kids learn to ride their bikes and memories are made. It also represents a significant financial investment for a Colorado couple. As a result, when couples decide to divorce, what to do about the home often becomes a complicated issue. In some instances, one of the individuals may decide that he or she wants to keep the home. This is often prompted by…

Understand how business income might impact divorce

A stay-at-home spouse counts on their spouse to pay the bills and provide the income. This sometimes comes in the form of a family-run business, but it isn’t usually an issue as long as the marriage is a happy one. There might be a problem if the spouse who runs the company decides that it’s time to divorce. Sometimes, business owners who opt to split from their spouse will try to make it appear as though the company isn’t as…