Crafton Divorce Lawyers
Divorce: Negotiating Settlements
In most divorce cases, attorneys informally provide one another documents regarding their clients’ marital assets and debts on their way to negotiating a financial settlement.
The parties have a legal obligation to share all relevant information prior to resolving their economic claims, including:
-Bank accounts
-Retirement accounts
-Investment portfolios
-Mortgage statements
-Credit card statements
If a financial settlement is reached, the attorneys will draft a marital settlement agreement or consent order of court resolving economic claims.
If necessary, we will also draft deeds transferring ownership of the residence and documents necessary to divide retirement accounts.
Spivak Law Firm handles all areas of family law, including divorce, spousal support, alimony, dividing assets and debts, child custody, and child support.
To schedule a consultation, call Spivak Law Firm at (412) 344-4900 or toll free at (800) 545-9390.
Divorce and Legal Separation
Unlike many other states, Pennsylvania does not recognize legal separation.
But your date of separation may be highly relevant to your divorce.
Spouses who remain married for an extended period of time after separating may have legitimate disagreements about the contents of their marital estate.
If only one spouse wants a divorce and the parties have been separated for at least one year, a divorce may be granted so long as there is no dispute about the date of separation.
The one-year period begins at the date of separation, which may pre-date the filing of the divorce action.
To speak with an experienced family law attorney, call Spivak Law Firm at (412) 344-4900 or toll free at (800) 545-9390.
Divorce: Dividing Marital Debts
When dividing a marital estate, it is important to value all of the assets accumulated during the marriage.
It is equally important to value all of the debts, which may include mortgages, car loans and school loans.
Credit cards comprise the most common debt in most divorce cases.
For many people, separating the credit-card debt is key to reaching a resolution on economic claims. If possible, they may attempt to pay off all credit-card debt as part of the divorce settlement in order to get a fresh start in their new lives.
Spivak Law Firm provides smart, compassionate, cost-effective representation in all family-law matters, including: divorce, child custody, child support, spousal support, alimony and Protection From Abuse (PFA).
For more information, call Spivak Law Firm at (412) 344-4900 or toll free at (800) 545-9390.