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dad and son

A CNN Money article reported that as of 2009, over $100 billion was owed in unpaid child support payments. For lower-income mothers receiving child support, the child support payments accounted for almost one-half of their total income.

When payments are not made by the other parent, mothers have no choice but to seek public assistance for themselves and their children. The problem has continued to grow as more parents never marry, separate or divorce and the need for child support increases.

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assets liabilities balance sheet

It's the most important document in your divorce case: the Balance Sheet. What is the Balance Sheet and how will it help you? This article is designed to make sure you understand how critical the Balance Sheet is when it comes to winning your divorce case.

The balance sheet focuses on valuing, distributing, and dividing all marital assets and liabilities.

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How To Protect Your Property In A Divorce

Most couples going through a divorce will have to deal with the issue of property and asset division. When it comes to these items, the state of Ohio is considered an equitable distribution state.

To understand divorce laws in Ohio regarding property division, you have to understand that equitable is not defined as equal, the property will not be divided 50-50. For example, just because one spouse was the major breadwinner is no guarantee that he or she will get the majority of the marital property.

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How to Get More Retirement Money from Your Ex

 

Divorce can put an enormous emotional strain on people. This is because it frequently involves the splitting of assets, arguing over contentious points, child custody battles, and more.

Also, divorces are often the emotional endpoint of conflict between two people that may have lasted for years or even decades!

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How a Subpoena Can Change Child Support [Video]

Do you need more child support? Do you suspect that your spouse may be hiding money from you? Can you increase your child support?

Jack is an Ohio family law attorney. In this video, he explains how to use a subpoena to increase child support payments.

VIDEO: Subpoena Power to Increase Child Support

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What's the CSEA?

 

Parents have a responsibility to support their children. Obtaining child support is important for many reasons, which is why the Child Support Enforcement Agency was created. Although this agency was established by the federal government, each state is required to have its separate unit to administer a child support program.

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divorce agreement 2

When you talk to a divorce lawyer about your case, there are several questions you need to ask. But any good attorney should ask you questions as well. The more information an attorney has, the better they will be able to help you.

What is your story?  What happened between you and your spouse to put you in front of a divorce attorney?

The important points the attorney will be looking for are when you were married, how long you have been married, what happened—or did not happen—during the marriage, your income and employment situation, if you have children and why you are in the situation you are in.

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The Financial Reality of Divorce

Ending a marriage is a painful process. Emotions run high as both spouses try to deal with the realities of divorce.

There are many issues to deal with such as dividing marital assets and debts, issues related to custody and child support, and issues related to spousal support. Too often, parties underestimate the financial aspects of divorce.

They are focused solely on their emotions before and during the divorce. It is only after the divorce is final that parties realize they are experiencing financial difficulties due to the divorce.

One of the top reasons for filing bankruptcy is divorce. After a divorce, many people find that there is just no money left over each month after paying living expenses to pay their bills.

They have no choice but to consider bankruptcy as an option to resolve their financial problems. How can a divorce create so many financial problems?

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My Husband and I are Getting Divorced, Do I Need to Go Out and Get a Job?

Many women facing divorce have to come to a frustrating realization. They will probably have to get a job. If they are already working, they might hav...

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