QUESTION: Now that my spouse and I have officially separated, I moved out of our home last month, am I responsible for any debts he may now incur or is he 100% responsible for new debts? I ask because he’s in the process of financing a new car. Your spouse has moved out and appears […]
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QUESTION: My spouse and I have separated and I continue to live in our matrimonial home and make all payments relating to the house (mortgage, hydro, taxes, etc.). I plan to buy my spouses share of the home but I’m wondering if I’m going to be compensated for making these payments. Separation, Divorce and […]
Continue readingQUESTION: My spouse and I are divorcing but we owe about $100,000 in debt due to him starting a business that failed and I need to know if I’m 50% responsible for this debt? Protect Your Future From Your Spouse’s Business Debt When a Pennsylvania couple divorces, the couple’s marital property is divided between the […]
Continue readingIn this video: Philadelphia Divorce Lawyers Thomas Petrelli, Jr. discusses Tax Traps to Avoid During Divorce. Thomas Petrelli, Jr., Esquire Divorce Attorney Your divorce can affect your taxes! Don’t pay Uncle Sam any more than you have to. In this video, “5 Tax Traps to Avoid During Divorce”, Philadelphia divorce attorney Thomas Petrelli lists five […]
Continue readingIn this video: Philadelphia Divorce Lawyers Thomas Petrelli, Jr. discusses if Debt Be a Factor in Your Divorce. Thomas Petrelli, Jr., Esquire Divorce Attorney No matter what your income, you could end up saddled with debt after your divorce. Philadelphia family law attorney Thomas Petrelli discusses the division of unsecured debt and answers the following […]
Continue readingIn this video: Philadelphia Divorce Lawyers Thomas Petrelli, Jr. discusses the Hidden Costs of Keeping A House After Divorce. Thomas Petrelli, Jr., Esquire Divorce Attorney Should you keep the house after your divorce? Keeping your home can give your family stability, but there are important financial considerations. Philadelphia family law attorney Thomas Petrelli discusses the […]
Continue readingIn this video: Philadelphia Divorce Lawyers Thomas Petrelli, Jr. discusses why a forensic accountant should be part your divorce team in this three-part series. Thomas Petrelli, Jr., Esquire Divorce Attorney In Part 1 of this series, we discussed why you may need a forensic accountant. In part 2, we discussed two services that forensic accountants […]
Continue readingYou’ve agreed; you are getting divorced. But, now that your spouse has moved out, the bills are overwhelming. Are you really responsible for everything? Divorce attorney Thomas Petrelli suggests taking a careful look at the bills. While some bills may be your responsibility there is a good chance that many of your bills are shared […]
Continue readingQUESTION: After my divorce will I still be covered by my husband’s medical insurance that he gets through his work? The Affordable Care Act (ACA or ObamaCare) requires all non-exempt Americans to have basic health insurance or pay a penalty. What are your options if you lose your insurance because of divorce? A 2012 […]
Continue readingQUESTION: “What are the most common financial mistakes people make during a divorce?” Your divorce agreement will help determine your future financial security. Our divorce attorneys have listed ten of the most common financial mistakes made by divorcing spouses and tell you how to avoid these mistakes. Looking for more Information? Download our FREE Guide […]
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