BLOG

As people prepare to enter into divorce proceedings in Covington, they likely understand that they will need to make some concessions to their soon-to-be ex-spouses in the area of property division. One element of this particular issue they may not be expecting to deal with is the division of their individual 401k accounts.

Personal bankruptcy is rarely the result of a single financial issue in Kentucky. However, there are some situations that may contribute more than others. Specifically, divorce and criminal cases could easily upset your financial balance relatively quickly.

Suffering from a physical injury after a car accident is bad enough, but it is worse when there are costly medical bills. These expenses can quickly get out of hand as you try to recover from your injuries.

Bankruptcy could stop your creditors from making collection calls or repossessing your property. That could include banks that would want to take back your home. It could even prevent a sale of your property at foreclosure. However, there are some exceptions.

A common refrain that you may hear over and over in campaigns aimed at people avoiding drunk driving charges is “drink responsibly.” Does this mean that you should never get behind the wheel after having even as much as a sip of alcohol?

Debt relief services claim to help people facing bankruptcy get current on debt and restore their financial standing. While many of these services can offer assistance, others may be scams to deprive a person from their money for help that never materializes.

Situations change. People grow. New opportunities arise. You should know a divorce from your past does not have hold you back from making the most of your future life.

It is no secret that drinking and driving is dangerous yet you know doubt see or hear reports about people in Kentucky continuing to be hit by drivers who have made this risky decision. The same is true when it come to speeding as numerous people continue to make the choice to drive recklessly and ignore posted speed limits.

Whether one is involved in a high-speed collision or a simple fender-bender in Covington, the expenses that can result from a car accident can quickly become enormous. In some cases, one’s financial liabilities arising from an accident may exceed insurance coverage limits.

When you and your spouse choose to divorce, you both likely understand that some sort of child support obligation will be placed on your both. Like most parents, neither of you has any issue with this; where people from Covington in your same situation that have come to us here at The Berger Firm do have concerns is knowing exactly how much they will be required to pay.