Nothing is more disheartening than filing for bankruptcy. Upon confirmation, the bankrupt’s property vests in the trustee. If claiming bankruptcy within a marriage, the non-bankrupt spouse can protect the legal and equitable interests of the bankrupt trustee through family law. How to Begin a Property Proceeding Should a trustee become bankrupt, they can…
There are many types of binding financial agreements or BFAs available to parties, allowing those involved to protect their resources in various scenarios. However, most people aren’t aware of what happens to a BFA if one party dies, along with the circumstances in which they can set aside an agreement. BFAs are crucial for enabling…
