Category: Finances
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When Can I Stop Paying Child Support in Michigan?
In most cases, when parents get divorced, they have to work out a custody agreement to determine which parent gets to spend time with their children and when. But visitation and custody are only a portion of the decisions that need to be made – another one is child support. And this one is almost…
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Am I Going to Have to Pay my Spouse’s Debts After we Get Divorced? (Pt 2)
Hi there. We’re glad you could join us again for this discussion on marital debts, and who gets stuck paying what when the time comes to pull the plug. As we mentioned in the previous article, who accrued the debt is important to the court when figuring out who to assign it to, but why…
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Am I Going to Have to Pay My Spouse’s Debts After we Get Divorced? (Pt 1)
When people get divorced, the issue of money is usually one of the first things to come up. Questions like, “Will I get to keep my money?” and “Am I going to have to share my retirement account?” are things we hear often. But one that comes up almost every time has to do with…
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Can I Consolidate my Child Support Debt in Michigan? (Pt 2)
Hey there! Welcome back and thanks for joining us for this discussion about paying off child support, and how you can consolidate your arrears. As we mentioned in the previous article, owing child support to the state, or to an individual, can have some very serious consequences. And that’s what we’d like to share with…
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Can I Consolidate my Child Support Debt in Michigan?(Pt 1)
Unpaid child support can have a profound impact on your finances, and on your future. So what can you do about it? If you owe a lot of money to your ex, or to the state, for unpaid child support payments (called arrears in Michigan), then you need to know that you have options. So,…
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Will I Have to Pay my Spouse’s Credit Card Debt When I Get Divorced?
You wouldn’t believe how often this one comes up in our offices! And it’s hard to blame people for being frustrated about it. After all, being married to someone who’s spent the last few years (or decades!) nickel-and-diming you to death can be very stressful. And it certainly doesn’t seem fair to ask one…
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So Who’s Going to Pay For Your Child’s Medical Expenses After Divorce? (Pt 2)
Welcome back and thanks for joining us again for a chat about which parent is responsible for paying for uninsured medical bills after divorce. It can be somewhat confusing, and some parents have strong opinions about what they believe is far. But in the end, the court has very clear cut rules about how this…
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So Who’s Going to Pay For Your Child’s Medical Expenses After Divorce? (Pt 1)
For divorcing parents, there are a lot of things that need to be figured out as they prepare to part ways. Issues like child support, child custody and visitation, and even sometimes relocation concerns need to be addressed. These are pretty common, and most parents know they’re going to have to spend some time…
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The Top Four Money Tips When Preparing For Divorce (Pt 2)
Welcome back! We’re discussing the issue of money in divorce, which you will probably agree is a big deal. However, money doesn’t just play a role in causing divorce, it also tends to complicate the divorce process itself. Why? Because assets and debts need to be divided when a couple ends their marriage, and…
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The Top Four Money Tips When Preparing For Divorce (Pt 1)
Money is often one of the major causes of divorce, but once a couple has started the divorce process, money remains a significant issue. This is partly because the divorce process itself is expensive, and partly because a couple’s money and assets have to be divided during the divorce process. So however you choose…