What Will Happen If My Spouse Files for Bankruptcy During Our NJ Divorce?

If a couple is facing a divorce is one spouse files for bankruptcy, this can cause complications. To learn more about this scenario and what to expect, continue reading and contact our experienced New Jersey divorce attorney for assistance. Our legal team at Townsend, Tomaio & Newmark is prepared to assist you with any divorce matters you may be facing. Give our firm a call today to learn more about…Read More

Business Owner Divorce | What to Know

If you are a business owner who is facing a divorce, continue reading to learn how your business will be valued, if your spouse can get a part of your business, and how to protect your business from a divorce. Can my spouse get part of my business? There are two categories that property will be broken into in a New Jersey divorce: marital property and separate property. Separate property…Read More

Can I Get Divorced If My Spouse Lives in a Different State?

If you and your spouse are no longer living in the same state, and you are going through a divorce, this can complicate the process. This is why it is important that you retain the services of an understanding and skilled divorce attorney or divorce mediator who can walk you through the steps ahead with your best interests in mind. Our legal team at Townsend, Tomaio, & Newmark understands the…Read More

What Is a No-fault Divorce in New Jersey?

If you are facing a divorce, one of the decisions you will make is choosing whether to file a no-fault divorce or to cite fault grounds. To learn more about this process, continue reading and reach out to our experienced divorce attorney who will walk you through any concerns you may have. If you have any further questions regarding filing a no-fault divorce in New Jersey and what one might…Read More

Advance Child Tax Credit Payments | What to Know for Divorced Parents

The advance child tax credit is a part of the American Rescue Plan that was signed into law in March by President Biden. The American Rescue Plan bumped the child tax credit from $2,000 to $3,000 per child for the 2021 tax year, plus, an additional $600 benefit for children under the age of 6. Half of the credit will be sent to parents in advance payments on a monthly…Read More

After Your Divorce is Finalized, Take these Steps

There are many important steps to take after your divorce has been finalized. The best way to complete each of these tasks is to create a list and to work through this list until you know that everything that could be affected by your recent divorce has been handled. After your divorce has been finalized, follow each of the following steps: If you require assistance with this process, do not…Read More

Which Assets Are Protected from Being Divided Between the Two Parties

One of the most commonly asked questions regarding the division of a marriage's assets is if any assets are protected from being divided. Though the answer to this question can seem complicated, it is important to understand the details of a situation such as this. Most assets will be considered marital property and subject to equitable distribution laws. This will include assets that an individual solely owned prior to the…Read More

Reasons to Hire an Attorney for a Divorce

Divorce can be draining and emotional. It is all too easy to make damaging assumptions regarding you and your ex-spouse's plans for your divorce when you are going through such a stressful time in your life. Many individuals may even question if an attorney is right for them and their divorce process. Continue reading to discover the reasons why hiring an attorney for your divorce will be beneficial to you…Read More

What You Need to Know About Divorce Arbitration in New Jersey

Divorce is complicated, especially when couples enter the litigation process. If you cannot agree on the terms of your divorce, though you are looking to avoid a long, drawn-out process, there are other options on the table. For example, many couples will choose to go down the route of arbitration, as arbitration often can help save time, money, frustration, and it can help protect your privacy. Please continue reading and…Read More

Should I File a No-Fault Divorce in New Jersey?

Divorce is a complicated matter, and if you are getting divorced, there is a lot you need to know about the process ahead. One step of the process is choosing whether to file a no-fault divorce or to cite fault grounds. Please continue reading and speak with our Bergen County divorce attorneys to learn more. Here are some of the questions you may have: What is a no-fault divorce in…Read More

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