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Law Office of Victor Mordey
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California homeowners severely overleveraged
Check out this article about a recent ranking of 2,500 U.S. cities in terms of how overleveraged the average homeowner in those cities is. The study found that 37 cities are in the 99th percentile, meaning they are the most overleveraged in regards to mortgages. Of those 37 cities, 20 were located in California. The findings are concerning given that rising interest rates mean that overleveraged homeowners will be experiencing even further pressure on their finances in the months ahead.
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Child custody in California
Read about several key factors that could impact a judge’s child custody decision in California. Many items, ranging from the age of the child to incidents of family abuse, could come into play. Despite this, there is rarely a black-and-white case in which a custody arrangement is obvious. Learn about how drug and prescription abuse could affect a court ruling.
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How can I keep a house after a divorce?
Divorcing residents in California who are interested in retaining their family homes through and after a divorce should click on this link now. Find out why keeping a home involves more than just an agreement with the other spouse. Learn how special care should be taken to ensure you and your former partner do not end up financially tied together via a joint mortgage long after your divorce paperwork is finalized.
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Financial tips for divorcing couples
Find out how divorcing couples in California should go about handling their new financial situation to prevent avoidable money problems. Read this article to better understand how reshaping your budget, getting an early start, working with financial experts and collaborating with your ex-spouse on joint accounts and debts helps you in the long run.
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U.S. Supreme Court decision about military retirement in divorce
Read an article about a new decision by the U.S. Supreme Court about the interaction of federal military law and state divorce law when at least one of the divorcing spouses has served in any branch of the military. The issue can come up in state court property division orders that impact military retirement benefits.
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In California, property division isn't for sissies
Sure, you'll get half of your marital property, but you may not realize just how much you and your spouse have accumulated, whether assets or debt. An experienced attorney will ask the right questions to make sure you've left nothing out.
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