A lot of people are thinking about a divorce, but cannot afford it. There are others who want a divorce, but are looking for ways to keep costs to a minimum, especially with regard to attorney fees ...
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Tuesday, 28 October 2008 00:43
In a recent Time magazine article about the challenges of divorce in the worsening economy, Gornbein Smith Peskin-Shepherd attorney Henry Gornbein was interviewed to share his expertise. Henry related his experience and observations of the differences in divorces given the current financial climate.
"We're negotiating debts--not assets," says Henry Gornbein, a family-law attorney in Oakland County, Mich. "Two, three years ago, I'd be telling you that houses had equity, and you'd either be doing a buying out or selling the house and splitting whatever the proceeds were. Now it's the reverse. You go into court; the judges just don't know what to do."
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