Owings Mills, MD Divorce Attorneys
Knowledgeable Divorce Attorneys Representing Residents of Owings Mills, Maryland
No matter how long your marriage may have lasted, obtaining a divorce from your spouse is rarely a simple or easy process. Contested divorces involving arguments about critical issues can be even more complicated to resolve. With the help of a reliable Owings Mills divorce attorney, you can navigate even the most complicated legal proceedings with confidence.
At Zide Law Group, LLC, our team of lawyers is here to provide you with representation and counsel to help ease the transition out of your marriage. With our strong litigation and analytical skills, we can advise you on what to do during your divorce proceedings and how best to protect your best interests.
Divorce and Bankruptcy
If you have become overburdened with debts accrued throughout your marriage, you could consider filing for bankruptcy to get relief from your creditors. However, you should consider whether it makes more sense to file for bankruptcy before or after your divorce based on your financial circumstances. Generally, you can file for one of two types of bankruptcy:
- Chapter 7 Bankruptcy: This allows you to wipe away or "discharge" your debts in a few months by liquidating your assets to pay off your creditors.
- Chapter 13 Bankruptcy: This allows you to restructure your existing debts into a more manageable repayment plan that you contribute to for three to five years. At the end of the repayment plan, your leftover unsecured debts may be discharged.
Since Chapter 13 bankruptcy can remain in effect for years, it may be in your best interests to wait until the divorce proceedings have been finalized before filing for this type of bankruptcy. Filing for Chapter 7 bankruptcy can also let you take care of any marital debts before you divorce, leaving you with less of a burden. Yet on the other hand, Chapter 13 bankruptcy can let you keep valuable assets like your house.
At Zide Law Group, LLC, we can provide you with qualified legal advice and guide you through bankruptcy if you choose to pursue it.
High Asset Divorces
Our attorneys represent clients going through high asset divorces with particularly large or complex marital estates. You might have tens or hundreds of thousands of dollars on the line in assets, and if you rush through the legal proceedings, you could be left with a less-than-ideal settlement. At Zide Law Group, LLC, we can help you account for all of your property, which may include:
- Real estate holdings
- Business interests
- Bank accounts
- Pensions and retirement accounts
- Investments
We will argue for a fair and equitable distribution of your marital estate so that you can get a favorable share of property. We can also work to uncover missing assets and take legal action to help you recover any intentionally destroyed or wasted property.
Alimony
If you want to petition for alimony, it is important that you seek the assistance of a qualified divorce attorney beforehand. In Maryland, alimony is primarily awarded to help the lower-earning spouse become self-supporting. As such, you will have to demonstrate a clear financial need to qualify for it. Depending on the length of your marriage and whether or not you will be able to find work after your divorce, you may even qualify for indefinite alimony payments.
Our team of attorneys can review your case and help you make an argument for a court order of spousal support.
Meet With an Owings Mills, MD Divorce Attorney Today
Getting a divorce can be intimidating, but it does not have to end in disaster. At Zide Law Group, LLC, our Owings Mills divorce lawyers are here to safeguard your rights. Call us at 410-760-9433 or contact us online to schedule a consultation.