December 2011 | Cordell & Cordell

Archives for December 2011

Father says he received huge child support bill by mistake

While some people know that they are behind on child support payments, others are caught by surprise when they are confronted with a bill or a warrant for arrest.

A father in Albuquerque, New Mexico, called a local news station for help after he received a shocking child support bill in the mail.

According to ABC KOAT 7 News, Keith Walker claimed that he got a bill in the mail for $84,000 even though he alleges that he religiously pays for his daughter’s child support. He told the news source that he feels helpless and defeated, as he doesn’t understand why he was targeted for this type of delinquency.

“(I’ve had) a lot of sleepless nights of, am I going to get arrested? After that aired, am I going to get arrested tomorrow, after paying for 18 years?” Walker said to the news source.

Walker also noted that this ordeal has hurt his credit and led to the revocation of his license. The Los Angeles Times reported that credit card companies take failed payments into account when determining loans for individuals.

Why The Bad Economy Can Be Good For Divorcing Couples

Joseph CordellDivorce may make the most sense when you think you can least afford it, according to Joseph Cordell’s latest Huffington Post column.

The co-founder of Cordell & Cordell explained that in the stock market, you buy low and sell high. So why would you divorce high and not low when current economic times have severely depreciated assets?

“Divorce is something you don’t want to choose unless you must,” Cordell writes. “To those of you who must, I want you to keep in mind the timing of a divorce.”

Cordell & Cordell does not advocate for divorce, but if you already have reached the decision that a divorce is the best option for you then the current economic climate may be in your best interests.

“Hard economic times are potentially favorable to the party that generates more income and has more assets, particularly temporarily depressed assets,” Cordell writes. “It may be less financially painful to divide the assets, such as your home or your retirement account, when the values are much smaller.”

You need to sit down with a divorce lawyer to explore the best timing options in your case to minimize your financial exposure if you have already concluded that you are going to get a divorce.

Read the full article: “Divorce May Be A Discretionary Purchase

Cordell & Cordell In Wall Street Journal

Jason Hopper Wall Street JournalWhen looking for analysis of the latest divorce trends and movements in the industry, the Wall Street Journal turns to Cordell & Cordell.

Once again the prestigious newspaper has called upon a Cordell & Cordell divorce lawyer to provide insight into an important, emerging legal field; this time it’s frozen embryos.

As Indianapolis Divorce Lawyer Jason Hopper explained to the Wall Street Journal, there is a new battle in divorce cases over who controls the rights to frozen embryos after a couple breaks up.

As in vitro fertility treatments – in which an egg and sperm are joined outside the body – become more common, so have post-disputes over the embryos.

Mr. Hopper described how he was able to reach an out-of-court agreement over preserved embryos on behalf of his client who didn’t want his ex-wife to use them. For now the embryos will stay frozen and Hopper’s negotiated settlement exposes the fertility clinic to legal liability if they are used without the man’s consent.

The article is for subscribers only, but there is a video about the article that can be viewed by non-subscribers.

The Wall Street Journal’s interest in reporting Mr. Hopper’s insight into this cutting edge issue is indicative of the respect earned by the Cordell & Cordell law firm and its skilled divorce lawyers. With more than 20 years experience representing men’s interests in divorce and domestic litigation matters, Cordell & Cordell continually proves it is a partner men can count on.

To schedule an appointment with a Cordell & Cordell attorney, please call 1.866.DADS.LAW.

Coping strategies for sharing custody of children

Parenting is difficult enough when both individuals are married and present to raise their child. This makes creating a peaceful environment for kids after a divorce even harder, as tension between the former couple can end up hurting the development of the child.

According to the Chicago Tribune, Judy Corcoran, co-author of a book titled “Joint Custody with a Jerk” noted that sustaining a peaceful environment for children is essential, despite how difficult it might be for both parents.

“You actually hate the person’s guts by this time,” Corcoran told the newspaper. “So that’s what we teach, how to communicate with this person.”

Though Judy Corcoran is a divorcee and a single parent, she noted that this “jerk” can be both a female or male, as both sexes can be responsible for creating this negative environment for a child.

Corcoran met the co-author Julia A. Ross at Parenting Horizons, an organization that helps divorced adults reconcile to the point where they can still be effective parents and have a positive impact on their child, according to the organization’s website.

 

Affected parents need to summon courage to ask for child support reduction

Child support payments may be hurting individuals due to the amount of money that they are forced to pay, especially during a time when the economy is down and costs to maintain a family are rising.

According to the Boston Herald, child support payments are usually modifiable, if the process for lowering the amount of money is pursued in the correct manner.

The newspaper reported that one of the ways that parents may be hit harder by the amount of money they pay is because of health insurance costs. Modifications to the separation agreement can likely be made on these grounds.

According to the Herald, the court can retroactively modify child support back to the date on which the spouse is served with the summons, and if the parent contesting the money amount is able to make a case based on insurance costs, the payment can be reduced.

This problem may affect men more than women, as mothers accounted for the majority, 82.2 percent, of custodial parents, while fathers represented only 17.8 percent in 2009, according to the U.S. Census Bureau.

Read Related Article on MensRights.com: Child Support Facts