Brendan Fraser Broke Due To Alimony?

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Brendan Fraser Broke? It looks like it just might be that America’s favorite frozen caveman, Brendan Fraser, might very well be broke do to his family law situation. According to reports (and yes I’ll be the first to admit that Wetpaint.com does not have the same journalistic chops as NY Times) Mr. Fraser is trying to reduce his alimony and child support payment. Apparently he is paying over $900,000 to his ex-wife and his three sons. It’s was a ten year marriage (from 1998-2008) and if you recall, Mr. Fraser was a darling of Hollywood in the early 2000’s e …

Dividing Credit Cards During Divorce

Credit cards – Dividing the debts during divorce Dividing the credit card debt during divorce does not include a simple procedure. It depends on the laws of the state. This can lead to even increased bitterness between the two of you. So, it is always better to either pay off the debts of your own before filing for divorce, or divide the responsibility of paying off debts between the two of you. You can opt for a credit card consolidation in order to pay down the debts before divorce, if there are too many. Dividing credit card debt in divorce …

Forensic Accountants: A Necessity During Divorce?

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 Forensic Accountants: A Necessity During Divorce?  Though reasons for divorcing may vary, there are several common recurrent topics amid most divorces. Aside from the stress and money involved, there is often the feeling that one person is getting a better deal than the other. Often this feeling stems from financial inequality in the marriage where one person may have earned significantly more than the other. While one partner may have earned less income, s/he may also feel that personal contributions added up significantly during the length of the marriage and that s/he is due some form of compensation for working …

Divorce and bankruptcy—Minnesota law

Divorce and bankruptcy together:  sometimes life just isn’t going well.  When these two issues collide, there are extra legal consequences to be aware of.  There are two possibilities to consider here—(a) when the bankruptcy comes first, and then the divorce, and (b) when the divorce comes first, followed by bankruptcy.  If you end up filing for either Chapter 7 or Chapter 13 different areas come into play. Bankruptcy followed by divorce: First, what happens when you are already in the process of bankruptcy when you become involved in a divorce?  As you might already know, filing for bankruptcy triggers something …