What Happens if One Spouse has Substantial Debts or Liabilities in a High-Income Divorce in New Jersey?

In New Jersey, divorce proceedings can become complex, particularly when one spouse has substantial debts or liabilities. Here’s what might happen in such a scenario: Equitable Distribution: New Jersey follows the principle of equitable distribution, which means that marital assets and debts are divided fairly, but not necessarily equally, between the spouses. This includes debts…

What Is a Closing in New Jersey?

Can a Real Estate Closing Lawyer Assist with the Transfer of Utilities and Other Responsibilities Typically Handled During the Closing Process?

  Yes, a real estate closing lawyer in New Jersey can indeed assist with the transfer of utilities and other responsibilities typically handled during the closing process. While the primary role of one of our real estate closing lawyers is to facilitate the legal aspects of transferring property ownership from seller to buyer, they often…