As foreclosures are on the rise, many homeowners are seeking alternatives to protect their credit and move on. One such alternative is a "short sale." A short sale is when the costs of selling the home (i.e. realtor’s commission, transfer taxes) and the mortgage payoffs are greater than the proceeds received from the sale. The
May 2008
Divorce and the Housing Market in New Hampshire
By Kysa Crusco on
Posted in Divorce, Real Estate
What can you expect if you are in the process of divorce and one of the thousands of New Hampshire property owners experiencing trouble making your mortgage payments?
Continue Reading Divorce and the Housing Market in New Hampshire
New legislation re: payday loans
By Kysa Crusco on
Posted in Debt
Today the New Hampshire house passed HB 267, legislation that puts a cap on the interest rate for small loans given out by payday and title lenders. As on January 1, 2009, the date that the bill becomes effective, lenders may not charge more than 36% annualized. The bill also limits the eligibility of…
What is a Guardian ad Litem?
By Kysa Crusco on
Posted in Divorce, Guardian Ad Litem
A guardian ad litem, often referred to as a "GAL," is a person appointed by the court to represent the best interests of an individual. Unlike a guardian, a GAL does not manage the affairs of of persons, nor do they act as their attorney.
In a divorce or parenting petition proceedings, the GAL is usually appointed to represent the…
College expenses
By Kysa Crusco on
Besides baseball and daffodils, spring is also the time for college financial aid applications. A recent post from Jennifer Weisberg Millner on the NJ Family Legal Blog regarding the responsibility of parents for their children’s college expenses highlighted how different laws are from state to state. Although parents in New Jersey may be ordered to pay for…