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Despite how powerful the judge may seem in your divorce case he or she cannot do anything to affect a contract that you had agreed to with a credit card company. If you agreed to pay a certain interest rate on credit that you utilized then that is ...

When either you or your spouse incur a debt during the course of your marriage it is presumed to be included within the community estate . On the other hand, if you have incurred a debt before you were married that debt is considered to be separate ...

When people are contemplating a divorce their first concern is usually their children (if they have any) and the property . The family home, motor vehicles, vacation houses, etc. are at the forefront of most people’s minds at the time they begin to ...

A major concern for many of our potential clients during their divorce is dividing up the debt . Unfortunately for many married couples this is because they are under water and have more debt than they do assets . Often much of this marital debt is ...

Even if you don’t know much about getting a divorce in Texas it is likely that you have heard that Texas is a community property state. You may not know exactly what this means or how it could impact your life but you’ve at least heard the term. If a ...

In our world, today debt has more or less become a way of life for many families. When we consider even a few generations ago how people dealt with and approached debt I think that we would find that attitudes on this subject have changed ...

I can count on one hand the number of people that have come in to meet with me for a consultation who have asked me about debts that they and their spouse have. Debt is a common attribute of married life for most people in our country. Student loan ...

Debt Division in Texas Information from a Knowledgeable Houston Lawyer When a couple submits to the divorce process in Texas, their shared marital assets will be assessed for division. What a lot of people don't realize is that their debts could be ...

A Divorce in Texas deals with three primary areas of two persons lives: Dissolving the marriage relationship determining conservatorship/possession/acc ess for children (if any) and dividing the property/debts of the spouses. All of these issues can ...

A student loan is a type of debt- one that many folks have in the State of Texas. Debts as well as property are divided up in a divorce based upon whether they are community debts or separate debts of one of the parties to the divorce. Suffice it to ...

Generally speaking, if you are getting a divorce there are two subjects that should be at the top of your list of important ones to consider before beginning your case. The first is children. If you are a divorcing parent then your kids and your ...

Today’s blog will feature you as the main character in a hypothetical divorce that you may (or may not) be going through. The purpose of trying to teach you all something through a story is that I understand financial discussions can be hard to ...

Community property is defined in the Texas Family Code as any property that is acquired by either or both spouses during marriage by any means other than gift or inheritance. This is obviously a pretty broad definition and is intended to encompass a ...

Most people going through a divorce in Texas know that the laws our of state regarding community property will play a role in their case. If you can count yourself among those that possess this knowledge, you should also be aware that it is not only ...

Unless you and your spouse have resolved all issues in a divorce , your divorce will more than likely be considered " contested ". If your case is contested and goes to a court the Judge will make decisions regarding dividing the marital property and ...

If you are just joining us today for our discussion on debt I would highly recommend that you go back to yesterday’s blog post from the Law Office of Bryan Fagan, PLLC and review the information contained in that post. In it we introduced the subject ...

Divorce in and of itself is not uncommon in our world today. What is uncommon, however, is a person entering into the divorce process with as much information as he or she needs to be successful. Many people wait until they have hired an attorney and ...

Filing for Bankruptcy is a decision that you should make only after balancing it against all of the other circumstances and issues related to your divorce. Bankruptcy is a federal matter and is not covered by state law or the Texas Family Code. The ...

Student loans taken out in order to earn a degree are treated much the same as other debts that a couple has accumulated. When that couple enters into divorce proceedings the big question then becomes whether the debt is considered to be separate or ...

When I’m meeting with a person in our community during a free of charge consultation offered by the Law Office of Bryan Fagan, PLLC I do my best to notice trends in questions that are asked of me. The reason I try to identify trends is because if one ...

When it comes to financial matters in today’s world your credit score means a great deal. Whether you want to apply for a home loan, a credit card or secure financing for a business opportunity, your credit score can determine how reliable you are to ...

Throughout the course of a divorce there are many, many decisions that people make that can affect their family and their case. If you are considering a divorce then understanding the common mistakes that other people have made in their divorces and ...

In the world we live in today credit has become an integral part of our lives. If you want to rent an apartment, obtain a business loan, buy a house, put an addition on your existing home or do much of anything else (even get a job) you need to have ...

If you search for online articles about divorce and finances you could spend the rest of your life reading through the results and still wouldn’t have enough time to read them all. Besides children, finances and property are the biggest and most ...

When a bankruptcy is initiated after a divorce has already concluded a bankruptcy court will review the divorce decree and that may be all that they review from your divorce. The key points for the judge to decide will be the intent of your ...

Any person who is entering into the divorce process has questions regarding their rights and how they can best be enforced. The attorneys with the Law Office of Bryan Fagan, PLLC are experienced in assisting clients with these sort of questions as ...

If you have not already done so, I would recommend that you go back to yesterday’s blog post from the Law Office of Bryan Fagan, PLLC and read our thoughts on bankruptcy and its potential impact on divorce. Obviously these are two processes that ...