Bankruptcy and Family Law
It is very common for parties to find themselves in a tight financial situation following separation. Parties often feel like they are 'broke'. However, many people fail to consider what happens when a situation goes beyond simply being 'broke'. In these cases, financial circumstances become so tight that they can sometimes lead to bankruptcy.
Valuation of Assets in Family Law
When parties separate and enter into negotiations or commence proceedings in Court for a property settlement, one of the first steps is to identify and value the assets.