September 24, 2013 /24-7PressRelease/
-- For many men, the prospect of a divorce is a terrifying feeling, especially when their wives have a head start on the process. Their spouses may be aggressive in pursuing the assets that these individuals have worked so hard to accumulate over time. The emotions involved in the situation can quickly escalate, leading arguments over every single thing that the couple needs to finalize.
Often, in many divorces, this can result in men feeling like they have no one looking out for them. Wives may try to make a point in the divorce
by trying to push their husbands to the brink of bankruptcy, or even worse. Husbands may be tempted to simply give up so they can put the divorce behind them.
For business owners, a divorce is an especially concerning situation. There are many issues that can arise, and if the men who own these businesses are not careful, they could find themselves losing everything. No one wants to see their business destroyed by a vindictive soon-to-be ex-spouse, so it is important to understand what can be done to protect these interests at this time.
In divorces where business ownership is involved, financial professionals may be employed to determine the value of the business during the property division proceedings. This can lead to vast disagreements about what the entity is worth, and the amount of income that an individual receives from these operations.
Some wives may have even been in control of paying the bills at the business, and once the marriage starts to sour, they stop making payments. Husbands soon find themselves facing lawsuits and collections actions, diminishing resources that have already been drastically reduced.
Unfortunately, financial ruin isn't even the most dangerous issue facing husbands as they go through a divorce. Some wives may allege instances of domestic violence. This can result in husbands being thrown in jail, and having their reputations damaged in the community. If the couple has children together, they could wind up losing custody or visitation rights as a result of these allegations.
If you are thinking of getting a divorce, it is important that you contact a family law attorney that is experienced with the concerns expressed by husbands and fathers. You do not want to be taken advantage of during the proceedings, and you need to have someone who is not afraid to stand up for you.
Do not simply work with the cheapest attorney that you can find. While it may end up working out alright, you may end up losing more of your assets in the long run. You need someone who will fight for your interests, and be willing to go to trial, if necessary.
You might feel that you are facing a difficult situation, but you do have options. The sooner you begin to prepare for your divorce, the more effective a strategy you can create. This will help ensure that you are able to remain involved in the lives of your children, and also retain the property that is most important to you.
Article provided by Law Offices of Douglas I. Krompier MBA LLC
Visit us at www.krompierlaw.com/