When divorcing in Texas, an LLC can be a community or separate property. If the LLC was formed during the marriage or funded with marital assets, it’s likely community property. A business can become a family business, complicating property division in a divorce due to the mix of family dynamics and … [Read more...]
Facing an LVNV Funding LLC Lawsuit: What To Do
These days, it is easy to get into debt. If you promised to pay—whether through credit cards, loans, or even a verbal agreement—you do legally owe the money. With everything going on in the world, it might be tempting to ignore debt collection notices and phone calls. But ignoring these debt … [Read more...]
How Discharged Debts in Bankruptcy Appear on Your Credit Report
By Christopher Migliaccio, Attorney and Co-Founder of Warren & Migliaccio, L.L.P. Navigating the aftermath of bankruptcy can be daunting. Understanding how discharged debts appear on your credit report is crucial for your financial future. In this blog, I will explain the key aspects of how … [Read more...]
Who Gets the House in a Texas Divorce
Ever been on a rollercoaster? The exhilarating highs, the gut-wrenching lows. It’s quite an experience. Now imagine being strapped into that ride without your consent – that’s what going through a divorce can feel like. One of the biggest loops in this ride is … [Read more...]
Bankruptcy: Does Declaring This Discharge Credit Card Debt in Texas?
For consumers who are looking for debt relief, filing for bankruptcy could be the best way to discharge credit card debt and start over with a clean slate. When considering filing for bankruptcy, consumers should decide which type to file based on their specific situation. This article looks at the … [Read more...]
Things Not to Say to a Child of Divorce
“I’m okay and I think the kids are doing okay too. But it’s hard to really know what they are feeling and super hard to know what to tell them,” Mike said to his sister. He continued, “It’s like, I can’t tell them the truth about why we split at this point, they're too young to understand. So I … [Read more...]
What to Put in a Trust: Key Assets Explained
People often think about what to put in a trust when they start planning for the future. They want to make sure their loved ones are taken care of and their assets are protected. A trust can be a powerful tool in estate planning, but figuring out what to put in a trust can sometimes feel … [Read more...]
Biggest Cause Of Divorce For Middle Aged Women In Texas
Navigating midlife can bring unexpected challenges. For some Texas women, this includes divorce. The leading cause of divorce among middle-aged women in Texas isn't always clear. However, common themes include evolving expectations, shifting … [Read more...]
How to Avoid Probate in Texas
Texas Probate is often an expensive and time-consuming process. The last step of the probate process is to distribute assets to your loved ones, so they are waiting a long time before receiving the property you left them. For these reasons, many people have avoiding probate as one of their estate … [Read more...]
My Husband is an Addict and I Want a Divorce: Next Steps
Attempting to save a deteriorating marriage is similar to trying to salvage a sinking vessel. Addiction can ruin marriages due to the extremely selfish and unhealthy behaviors exhibited by the partner who is addicted to alcohol or drugs. Sometimes addicts succumb to behavioral addictions such as … [Read more...]
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