There are many myths about bankruptcy, but one of the most common is that filing for bankruptcy will leave you unable to rebuild your credit. The truth is that bankruptcy can damage your credit score and your bankruptcy filing will stay on your credit record for seven to ten years after you file. However, rebuilding […]
Wilmington Delaware Legal Blog
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Many Americans weren’t taught to understand estate planning
Many Americans don’t know enough about the versatility of wills and trusts. This lack of knowledge isn’t their fault, as most Americans aren’t taught much about economic security, asset and property protection, guardianship, and the other legal security an estate plan can provide. First off, the widespread myth that an estate plan is only for […]
How is child support calculated in Delaware?
When a couple gets married, divorce is the end goal. The day of your marriage, you think you’ll be with your partner forever, but as we all know, that reality doesn’t come true for many adults. The reasons for divorce are endless, but if you have children, one point is inevitable: the fact that one […]
When’s the best time to update an estate plan?
Estate planning doesn’t have to be stressful. When you take measures to keep an estate plan up to date, you are ready for anything that might happen in the future. Ideal estate planning should occur after significant milestones in your life instead of left for when you’re older and suddenly realizing you should get all […]
The differences between Chapter 7 and Chapter 13 bankruptcy
Bankruptcy is often a helpful solution for people who are buried under the burden of massive financial debt. While these options have the potential to free people from this debt, you need to be sure you choose the correct bankruptcy option for you. Knowing the differences between the two most common forms of personal bankruptcy, […]
Do you have a legal case for your custody relocation?
A divorce may bring you freedom from a broken marriage, but it can also bring extra challenges. These begin with the stress of the divorce itself, but they don’t stop there. Especially for parents, divorce can add complications that sit with you for years, such as when you want to move. Custodial parents can’t just […]
Over half of Americans filing for bankruptcy are clearing medical debt
Medical treatment is rarely optional, just like the bills afterward. And with the costs of care on the rise with no sign of slowing down, you aren’t the only one considering bankruptcy. The number of Americans over the age of 65 who declared bankruptcy is up 204% over the last two decades, according to a […]
Knowing your net worth holds a high value in estate planning
You’ve worked hard your whole life to provide for your family. But if you don’t have a solid grasp on the worth of your estate, you could be setting your family up for undue hardship. Only 44% of Americans have a will in place to manage their affairs when they’re gone. If you’re one of […]
Taking care of yourself emotionally during a divorce
Leaving your spouse can be one of the most challenging times of your life. When you married, you probably thought the two of you would be together for the rest of your lives. People grow and change though, and sometimes legally separating is unavoidable. Divorce can quickly become overwhelming because of everything it involves. There […]
How do unmarried fathers establish paternity in Delaware?
Modern American families aren’t the same as they were in decades past. Fewer and fewer couples are waiting until they are married to have children. Many couples delay getting married for years—or never marry while raising children. In fact, in 2016, about 40% of children were born to unwed parents. Are you on the child’s […]