Richard Coffee Archives - Cordell & Cordell

Belleville News-Democrat Features Cordell & Cordell Asset Protection

The Belleville News-Democrat took the launch of Cordell & Cordell’s new asset protection services as an opportunity to feature the country’s largest domestic litigation law firm.

With more than 20 years of service exclusively representing men in family law matter, Cordell & Cordell is looking to further assist guys going through divorce by offering affordable, effective asset protection.

Cordell told the newspaper that the move is a natural direction for the firm to take to further enhance its services.

“Then, we can help those and it gives us opportunities to become more involved with these guys’ lives in advance of litigation and have time to plan to eliminate or mitigate those threats,” Cordell said. “It greatly diminishes the risk.”

Belleville Divorce Lawyer Richard Coffee stressed the importance of proactively protecting your property.

“Unfortunately, legal planning is not one of the things people want to put on that list of things to do, unlike medical or financial planning, which has immediate benefits or some clear consequences,” Coffee told the newspaper. “Legal plans gets pushed aside until something comes up, and often it is too late to do something.”

The firm is currently only offering asset protection in the St. Louis market.

St. Louis Post-Dispatch Interviews Joe Cordell and Richard Coffee About Asset Protection

Joseph Cordell The majority of people begin to consider asset protection planning only after being served with a lawsuit, but by then, it is already too late to shield your assets.

Insurance, trusts, incorporation and retirement accounts can protect you from poverty if you’re sued.

St. Louis Post-Dispatch business columnist Jim Gallagher interviewed Cordell & Cordell co-founder Joseph Cordell and Belleville Divorce Lawyer Richard Coffee about the law firm’s new asset protection business and “Keeping Judgment Hounds At Bay.”

“We’ve been protecting guys’ assets from arguably the greatest menace that might exist out there,” Cordell told Gallagher. He meant their wives.

Now Cordell & Cordell is expanding the practice to help guys protect themselves from other threats – namely lawyers waving judgments.

Read the full article on St. Louis asset protection.

And remember, to secure all that you’ve worked so hard to achieve, Cordell & Cordell now offers asset protection services in St. Louis to safeguard your financial future.

Call 314.725.0000 Or Email Us To Set Up An Appointment

Dangers When Behind on Child Support

In a recent article in The Belleville News-Democrat focusing on a man whose outstanding child support debt was brought to the state’s attention, Cordell & Cordell attorney Richard Coffee explained the danger of defaulting on mandated child support payments and possible remedies to deal with the high-interest penalties that are often affixed to such debts.

According to the story, it was the processing of a A $250 stimulus check that brought to light the unpaid child-support debt of Carnell Williams, a Washington Park father of 6.

Because his unpaid child support and accrued penalties at the rate of 9 percent, Williams has accumulated a debt of $163,582.

Mr. Coffee explains the ways that parents who have accumulated these large penalties can seek some relief through negotiations and how the ability to make lump sum payments might be used to leverage such negotiations.