Sentences with phrase «joint assets and debts»

If your situation is complicated or financially complex, if it involves child support, child custody, spousal support (alimony), or property division, if you have joint assets and debts, of if your spouse is contesting one or more issues, then you must at least have an experienced family lawyer review your agreement before finalizing it.

Not exact matches

If you can not afford to cover the payments for your ex's share of your joint debt, and if your ex isn't willing to refinance or work with you to sell joint assets, then bankruptcy could be the best course of action.

If your partner declares bankruptcy, creditors and the Canada Revenue Agency can go after joint assets — like houses or bank accounts — to reclaim the debt, says Laurie Campbell, CEO of Credit Canada Debt Solutidebt, says Laurie Campbell, CEO of Credit Canada Debt SolutiDebt Solutions.

When a divorce is filed and granted in New York State as an «Uncontested Divorce» it means that the parties to the divorce (the husband and wife, or both spouses in a same - sex marriage), have signed their applicable divorce papers that were filed in court, to indicate that they both agree to all of the terms of their divorce, including: the equitable division of their joint marital property (assets and debts) and the payment or waiver of spousal support.

If you and your spouse have any joint marital property (assets or debts) they can be divided in your divorce.

Maiwurm's wealth of experience includes implementing turnaround initiatives, dealing with clients all over the world, negotiating and managing major asset dispositions, orchestrating debt restructurings, and building relationships with bondholders, stockholders, joint venture partners, employees and customers.

The first step is to develop a complete list of all the joint and individual assets as well as debts held by the parties.

There may be joint debts or assets that have to be carefully considered and divided.

For those assets and debts you are going to transfer to the other person or change from joint to individual, amend the account and title before the divorce is final, that way you aren't relying on your ex-spouse to make payments on a debt that is still classified by the creditors as joint.

Complete the paperwork for a joint simplified divorce, including a Joint Petition, a Joint Affidavit and a Joint Agreement on Assets and Djoint simplified divorce, including a Joint Petition, a Joint Affidavit and a Joint Agreement on Assets and DJoint Petition, a Joint Affidavit and a Joint Agreement on Assets and DJoint Affidavit and a Joint Agreement on Assets and DJoint Agreement on Assets and Debts.

With a summary dissolution, a joint petition is filed when 1) either spouse meets the standard residency requirement, 2) the marriage is irretrievably broken down due to irreconcilable differences, 3) the marriage is childless, 4) the wife is not pregnant, 5) neither spouse owns real estate, 6) there are no unpaid debts greater than $ 4,000, 7) the total value of community property is less than $ 25,000, 8) neither spouse has separate property (excluding cars and loans) of greater than $ 25,000, 9) the spouses have reached an agreement regarding the division and distributions of assets and liabilities, 10) both waive their rights to maintenance and appeal; 11) both have read a brochure about summary dissolution and 12) both desire to end the marriage.

Typical Timeline: • Team phone conference before each joint meeting to prepare agenda, discuss status • 6 way meeting for neutral coach to present parenting plan preferences and neutral financial to present asset and debt documentation, valuation and preferences, discuss unresolved issues • 3 way meeting between each Collaborative attorney and client to analyze financial information in detail and • 6 way meeting to resolve outstanding parenting plan and asset division issues by developing options and negotiating final resolution • 6 way meeting to discuss future income and expenses estimates, develop child and spousal support options and review financial projections • Resolve support issues and negotiate final solutions • Team debriefings after each meeting • Coach prepares and circulate summary after each joint meeting

Decisions need to be made addressing what to do with your marital home, savings and any other joint assets or debts.

HFF worked on behalf of the sponsor, Cohen Asset Management, to arrange joint venture equity through a domestic life insurance company, and to secure $ 13.75 million of permanent fixed - rate debt through a national life insurance company.

«Our efforts to secure the joint venture equity and debt for this asset are part of our growing emphasis on industrial product both in Southern California and nationally.»

«In an off - balance - sheet joint venture,» he continues, «where the venture leverages 70 % to 75 % in debt, and 75 % of the equity comes from my joint venture partner, I will generate a cash flow, redevelopment fees, asset management fees property management fees and other fees.

Today, REITs are looking for new strategies to achieve their growth objectives, including accessing private and public equity capital; using secured and unsecured debt; issuing preferred stock; pursuing off - balance - sheet joint ventures, strategic mergers, and consolidations; and acquiring core and noncore assets in the United States and overseas.

For the past 15 years, JTD has been an intermediary for debt, structured financing, joint venture and signature asset sales.

Jason began his career with Cravath, Swaine & Moore in New York, where he worked on a variety of transactions, including IPOs, mergers, stock and asset acquisitions and sales, joint ventures, and debt issuances.

HFF worked on behalf of the owner, TRITEC Real Estate Company, to secure the debt and joint venture equity financing with an account advised by UBS Global Asset Management.

Our offerings include acquisition financing, bridge loans, construction financing, development and asset strategy, joint venture equity, mezzanine debt, multifamily Agency / GSE lending platform (1), note sales, opinions of value, permanent financing, recapitalization strategies, REO (real estate - owned) dispositions.