Month: December 2021

How Is Debt Division Handled In An Illinois Divorce?
Posted December 21, 2021

Dealing with debt is perhaps one of the most difficult aspects of a divorce. Disputes over who gets to keep the family home, who gets the savings accounts and cars can cause several difficult arguments during the asset division process. This is why most couples hire specific Schaumburg debt division attorneys to determine who gets […]

Read More
How is Business Asset Division Decided in an Illinois Divorce?
Posted December 13, 2021

Illinois is an equitable division state, which means that all assets, including the business variety, are split between divorcing spouses fairly. This does NOT imply each party gets 50 percent. It means that they receive what the court determines is fair to both. While some assets are easy to split (such as savings accounts and […]

Read More