If a marriage with children is legally ended by divorce, access, time and legal responsibility for the children - 'custody' - must be decided. Custody arrangements include physical custody, parental visitation rights, and legal custody. . Physical custody arran...

When the legal state of marriage is ended by divorce, legal commitments by the couple - property, debts and more - must be resolved. While laws vary by state, the divorce process generally involves distinguishing 'community property' that was jointly owned by th...

When a couple marries, they gain the legal right to do certain things together, such as own property or owe debts. Divorce is the legal termination of marriage; the legal status, responsibilities and arrangements of the married couple are cancelled. Divorcin...

US law allows courts to declare individuals and businesses bankrupt, allowing them to settle debts without full payment. Filing bankruptcy is a legal action asking the court to make this declaration; deciding to file should account for: --Debts that are owed --...

When a person or business concludes that meeting their debts is not realistic, they may file for bankruptcy in Federal Bankruptcy court. A bankruptcy filing places an automatic stay on debt-related actions and judgements, including wage garnishment -- court-orde...

Bankruptcy is a set of legally-defined ways for individuals or businesses to settle debts without full payment, by following rules that govern their assets and financial actions for a period of time. There are two broad types, liquidation and reorganization. Un...