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QDROs: Divorce Agreement Language is Key to a Successful QDRO

I first speak to most of my QDRO (Qualified Domestic Relations Order) clients after their divorce has been finalized. Usually the divorce was resolved by a carefully negotiated written agreement. However, when it comes to dividing retirement benefits (often the largest assets to be divided), divorce attorneys sometimes opt for generic agreement language. Perhaps these … Continue reading QDROs: Divorce Agreement Language is Key to a Successful QDRO

Can I File For Bankruptcy if I Received a Discharge Previously?

While no one wants to be in the position of filing multiple bankruptcies, sometimes circumstances of medical debt or job loss can cause debt to mount again. Here’s what you need to know if you may need to file and have previously received a bankruptcy discharge: The key moment when calculating dates is the case … Continue reading Can I File For Bankruptcy if I Received a Discharge Previously?

Cryptocurrency: Can the Bankruptcy Trustee Take My Bitcoin?

More people than ever are investing in cryptocurrency. Increased accessibility has made this category of volatile asset intriguing even to some that are technologically averse. As I write this, Dogecoin is hitting new highs, while one Bitcoin is valued at over $60,000 and hundreds of other “altcoins” are bought and sold on exchanges such as … Continue reading Cryptocurrency: Can the Bankruptcy Trustee Take My Bitcoin?

COVID “Relief” Bill Offers Little For Individuals

Some of my potential clients have been expressing hope that Congress would deliver substantial relief that would allow them to stave off bankruptcy. Unfortunately, it appears that the current relief bill will only offer minimal help for individuals. The most relevant provisions for my clients are the $600 direct relief payment and the $300 increase … Continue reading COVID “Relief” Bill Offers Little For Individuals

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email: mike@mfbarrettlaw.com

phone: (716) 427-3880