Overwhelming debt is a heavy burden that creates stress and anxiety. Steinfeld & Steinfeld, PC addresses crisis situations – be it for businesses, families or individuals. Financial stress oftentimes results from too many guaranteed debts in a business that hasn’t done well, from an overly ambitious investment strategy in real estate or a family situation that had trouble supporting one household and is now seeking to support two as the result of a divorce. Bankruptcy is sometimes an appropriate strategy (tool in the tool bag) to provide relief in these situations. Sometimes, the most important issue is in identifying “the client:” is the client the individual member of the family? Is it a husband and wife duo? Is it the business owner? Is it the business? Which business? How many businesses are there? Any given bankruptcy case can only involve one debtor-entity, although a husband and wife may file a joint case. So which is the appropriate entity for the bankruptcy filing? On the other hand, [click to continue…]
If your marriage is ending, you may feel overwhelmed. Collaborative Law (also called Collaborative Divorce or Collaborative Practice) is a structured process that provides an alternative to court. The Collaborative choice offers you the opportunity to focus on what is important to you, your family and your future.
Couples facing separation and divorce encounter many challenges — especially when children are involved. Parents must resolve important issues with significant thought to the after-effects. Collaborative Family Law provides a positive context in which to deal with these concerns without resorting to litigation.
The lawyers and clients sign a Participation Agreement which provides that if the parties are unable to reach a settlement, the lawyers will withdraw from the case and assist the clients in transitioning the case to trial attorneys. By establishing an open, cooperative environment, parties and their counsel can work toward a settlement that benefits everyone.
