Tanya N. Helfand Esq.

04/05/2023

Parties often have assets before entering into a marriage or acquire exempt assets, such as gifts or inheritance, during the marriage. Attorneys must unravel a variety of situations affecting assets and income that can influence the future standard of living of the parties and their children upon divorce.

Jacqueline Pivawer and I outline the different scenarios concerning the disposition of premarital and exempt assets upon divorce.

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02/06/2023

Bankruptcy doesn’t happen overnight. It can take considerable time, energy and a little cash before you may experience the relief of discharging many or all debts. However, the relief from burdensome debt it provides can be golden.

Bankruptcy can be a kind of financial rebirth, allowing you to shed an overwhelming burden of debt and (hopefully) emerge as a wiser and more effective user of your financial resources. Like a real birth, bankruptcy doesn’t happen overnight. It can take months or years—along with considerable ti...

02/02/2023

According to statistics from the Administrative Office of the U.S. Courts, there were 383,810 annual bankruptcy filings in September 2022.

Bankruptcy. It's a word that evokes dread in many Americans. Why? Because it may feel like the end of the road, the last resort, the end, in a way, of the game of debt. See the List: GOBankingRates'...

02/01/2023

A prenuptial agreement is a legal document that determines how assets will be divided and protected in the event of a divorce.

Contemplating a prenuptial agreement? First, consider your assets and shared finances.

01/28/2023

Knowing what rights the FDCPA and your state’s laws give consumers can help you deal with debt collectors.

A debt collector is a person, agency or company that aims to collect money owed on past-due accounts. Here’s what a debt collector does and how to deal with one.

01/28/2023

Whatever student debt you brought into your marriage will still be yours if you divorce. But if you took on student loans while you were married, divorce isn’t so simple.

Any student loans you had before you got married remain yours if you divorce. Any new or refinanced debt you took on while married can complicate a divorce.

01/27/2023

In a bankruptcy case, bankruptcy discharge means a judge has declared that you’re no longer responsible for paying debts. It’s a permanent action that affects some, but not all, types of debt.

In a bankruptcy case, bankruptcy discharge means a judge has declared that you’re no longer responsible for paying debts. It’s a permanent action that affects some, but not all, types of debt. Even though a discharge wipes out certain debts and can help get your finances in order, the bankruptcy

01/27/2023

Understand what your options are for separating yourself financially from your former spouse so that you can start rebuilding your life post-marriage.

Divorcing your debts can be challenging, even with a divorce decree.

01/24/2023

Getting divorced can have financial implications for how you file taxes. One question you might have is whether both of you can claim head of household if you maintain separate residences but share children. IRS rules specify that to claim head of household, your child must live with you for more than half the year.

Getting divorced can have financial implications for how you file taxes. One question you might have is whether both of you can claim head of household if you maintain separate residences but share children. The IRS allows legally separated or … Continue reading → The post Can Both Divorced Pare...

01/21/2023

Money-related issues are frequently cited as a reason for divorce. They include mismatched financial priorities, unexpected major expenses, and discovering a partner's secret spending. https://bit.ly/30VKAkp

Recipes for divorce include overextended budgets, unexpected financial emergencies, or even discovering your spouse's secret credit card.