Harrisburg Divorce Legal Blog

If you are facing divorce, it would be a good idea to begin making a list of your assets. Pennsylvania is an equitable division state, so there will not necessarily be a fifty-fifty split of assets. The list you make will be helpful to your attorney, so you want to include any assets you can think of.

You will probably begin by listing the obvious items, such as your home, automobiles, bank accounts and credit cards, but keep going. Here are six assets you might overlook when you are developing that list.

If you are thinking about possibly filing for bankruptcy, you may be wondering what type of bankruptcy filing might suit your specific needs. Many people who file for personal bankruptcy protection do so through either a Chapter 7 or a Chapter 13 bankruptcy filing, but there are some important distinctions between the two types.

Chapter 7 bankruptcies, for example, are reserved for people who have limited incomes, while Chapter 13 bankruptcies typically require that you have at least some "disposable income" you can use to put toward debts. If you wish to proceed with a Chapter 7 bankruptcy filing, you must first pass what is known as the bankruptcy means test.

Adjusting to a joint-custody arrangement can prove difficult for the entire family. While you have to adapt to spending time without your child, your child has to adjust to life in two homes along with everything that comes with it. While you may at times feel as if you are doing your child a disservice by forcing him or her to shuffle back and forth between homes regularly, you may, in fact, be doing what is best for his or her emotional well-being.

Per Time, a recent study on the living arrangements of children of divorced parents revealed that kids who spent time living with both of their divorced parents fared better emotionally than those who lived with only one parent.

If you are considering filing for bankruptcy, you may have concerns about whether there is a stigma attached to doing so and whether others might get the impression you are unable to manage your finances on your own. Contrary to popular belief, however, most people who file for bankruptcy do not get there because of reckless spending.

Instead, bankruptcy can offer a fresh start to those who find themselves in financial distress, and many who utilize it find they need it for similar reasons that have little, if anything, to do with irresponsibility. More specifically, most people who file for bankruptcy make the decision to do so because of: