Category Archives: Asset Dissipation
What Happens to My Home if I Have a Mortgage in My Chicago Divorce? Two Traditional Methods for Dividing Up Property in Chicago Divorces Explained
One of the things that couples that are separating and gearing towards divorce proceedings in Chicago must consider is the matter of living arrangements. Typically divorcing spouses go their separate ways and decide not to live under the same roof any longer. However, when a married couple shares a mortgage, the situation can become… Read More »
Protecting Your Assets from Dissipation During Divorce
By Jonathan Standeford “My spouse is having an affair and has spent thousands of dollars on jewelry and lingerie.” “I found out my spouse is gambling and has lost most of our life savings.” Statements like these are frequently made by parties in a divorce or dissolution of marriage. Then the question becomes, “Can… Read More »
My Soon To be Ex Is Spending Our Money On His New Girlfriend – What Can I Do?!
The divorce and separation processes are already tough times for many people. Divorce and separation often come with changing the family dynamic, moving houses and even cities, states, or countries, handling stressful financial issues, and processing difficult emotions that are raw and new. In addition to these tough issues that come up in the… Read More »