Category: Case Lawyer

Is Alimony Dischargeable in Bankruptcy?

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When people consider bankruptcy, they are concerned about the impact on their financial obligations. This includes spousal maintenance or alimony. Many people wonder if filing for bankruptcy will discharge the obligation to pay alimony, or if it will still be required.

Can Alimony Be Discharged in Bankruptcy?

It is crucial to first understand that bankruptcy offers protection for those who are struggling under overwhelming debt. Chapter 7 and Chapter 13 are the two main types of bankruptcy filed by individuals. Alimony is handled differently in each type of bankruptcy.

Non-Dischargeable Debts:

Alimony is a priority debt in Chapter 7 bankruptcy and cannot be discharged. You must pay your priority debts with all available funds.

In Chapter 13 bankruptcies, alimony may be considered either a secured debt or an unsecured one, depending on the facts of the case. If alimony is a secured debt, you will have to pay it before any other unsecured debts.

Some creditors may designate certain debts as non-dischargeable, meaning they cannot be eliminated by bankruptcy. Non-dischargeable credit usually falls into one of three categories:

Taxes, including the majority of income tax debt.

Various types of loans, including student loans backed by the government.

Unpaid loans: Court …

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How can you tell if a lab diamond is real?

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Lab diamonds uk are real diamonds, they are just created in a laboratory rather than being mined from the earth. So if you have a lab-grown diamond, it is real, but if you are trying to determine whether a diamond is lab-grown or mined

There are a few things you can look for

  1. Certification: A reputable lab-grown diamond supplier will provide certification from an independent diamond grading organisation, such as the Gemological Institute of America (GIA) or the International Gemological Institute (IGI). The certification will indicate whether the diamond is natural or lab-grown.
  2. Price: Lab-grown diamonds are typically less expensive than mined diamonds of similar quality, so if the price seems too good to be true, it could be a sign that the diamond is lab-grown.
  3. Colour: Lab-grown diamonds often have a different colour distribution than natural diamonds, so they may appear slightly different when viewed under certain lighting conditions.
  4. Growth lines: Some lab-grown diamonds may have growth lines or patterns that are not present in natural diamonds, although this is not always the case.
  5. Weight and size: Lab-grown diamonds can be made in larger sizes than natural diamonds, so if the diamond is exceptionally large or heavy, it could
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Horace’s discontinued tax abatement program leaves area Realtors puzzled – InForum

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HORACE — Area home buyers, Realtors and builders will look to make a case for government officials in hopes of reestablishing Horace’s tax abatement program, which was not renewed after it expired on Jan. 1.

Horace’s tax abatement program, which is similar to that authorized by the North Dakota Century Code, gives buyers of new homes a two-year break on property taxes for certain new single-family residential properties and condominiums and townhouses. According to state law, the maximum exemption allowed is $150,000 of true and full valuation of improvements only and land is still taxable.

Horace Mayor Kory Peterson said the City Council every two years decides whether to continue the program or not. This summer, the council did not have a particular appetite for continuing the program, he said.

“I still think it’s a good idea, but we just didn’t have a council that wanted to keep it active at that time,” Peterson said. “It didn’t get brought up again and so it expired.”

The absence of the program, however, took some new buyers by surprise, said Kevin Fisher, a Realtor and former president of the Fargo Moorhead Area Association of Realtors.

Fisher at the last Horace City Council

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Wisconsin lands four-star USC transfer WR CJ Williams

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It just keeps rolling for Luke Fickell, Phil Longo, and Wisconsin’s new staff. The latest bigsplash? The Badgers have officially landed four-star USC transfer CJ Williams in the transfer portal.

Williams was a top-100 recruit in the class of 2022, and had offers from the likes of Notre Dame, Alabama, Ohio State, Oregon, and Michigan coming out of high school.

He was the No. 6 wide receivers in the state of California coming out of high school according to 247Sports.

He played in ten games last season, and caught four passes for 34 yards. Georgia, Notre Dame, West Virginia, and Texas A&M were all heavily in on the California native during his transfer portal recruitment.

Here is a look at some of the reactions from Wisconsin fans and college football media:

Wisconsin landsCJ Williams:

A quick turnaround

The Air Raid is here:

New Wisconsin offensive coordinator Phil Longo:

A big-time portal addition:

The game changed:

Bat signal is up:

An ode to Barry Alvarez:

A massive win:

It didn’t take long:

Here we are:

What a week!

Story originally appeared on Badgers Wire

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Local real estate heads see ‘return to normalcy’ in 2023

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The head of the local real estate association said we’re seeing more of a balanced market, and there’s more interest being seen from potential buyers to at least explore moves

The president of the Guelph and District Association of Realtors sees the local real estate market returning to normal next year.

A recent survey by Royal LePage is predicting a one per cent drop in the aggregate price of a home in Canada by the fourth quarter of 2023, to an estimated $765,171. That’s a drop from the $772,900 for Q4 this year.

Broken down, it’s seeing a two per cent decline in aggregate housing prices in the Greater Toronto Area, from $1,078,300 to $1,056,734.

The report didn’t discuss Guelph specifically in its forecast, but local association head Tyson Hinschberger noted Guelph and southern Ontario are always influenced by the GTA market.

So what does this all mean for Guelph?

“Certainly I think that at the end of the day, it speaks more to a return to normalcy and stability than probably a lot of the frenzy that we’ve seen over the last 12 to 18 months,” he said.

Speaking on behalf of the association, he believes the worst is

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RentSpree Offers Insight on How Real Estate Agents Can Capitalize on the Growing Rental Market

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The Rental Management Software Company Highlights the Unique Opportunity that Rentals Provide in a Challenging Housing Market

LOS ANGELES, dec. 20, 2022 /PRNewswire/ — RentSpree, the industry’s premier end-to-end rental management software provider, is dedicated to changing the mindset around the profitability of rental properties. A 2022 RentSpree + RealTrends Rental Power Rankings the study made it clear that many agents do not view rentals as worthy of their time and resources. Approximately 50% of the surveyed agents claimed that the commission was “too low” for the time and effort required to lease a rental property, and 43% of surveyed agents claimed that a lack of knowledge of the rental market kept them from working in that spaces. In short, many real estate agents see working with rentals as a poor return on investment (ROI).

RentSpree challenges that perception and highlights how rentals can increase agent profitability year-round, especially in an economic downturn. With new insights into the misconceptions of the rental industry, here are some tips on how agents can stay ahead of the economic forecast:

  • Leverage the Right Resources: With the right tools and industry knowledge, real estate agents can increase their cash flow by assisting tenants
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Liverpool Voted Best Place to Live and Work in the UK

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The vast majority of those who live in Liverpool are happy with their life in the city for multiple reasons.

75% of residents are happy with their life in the city, thanks to the wide array of jobs available and the vibrant cultural opportunities.

Numerous major employers have offices or locations within the city, such as McDonalds, Amazon, Tesco and the BBC, as well as banks like Santander. Combine this with the respected multiple universities in Liverpool, and there is a large population of young professionals and students within the city.

Areas such as the Baltic Triangle and Liverpool ONE mean residents have a wide array of eateries, shops, and activities to entertain themselves with, while the city is renowned for its vibrant nightlife scene.

Property in Liverpool is also highly affordable, with the UK House Price Index revealing that the average house price in Liverpool as of October 2022 is £180,049. This is over £100,000 more than the national average of £296,422.

This means Liverpool residents are less affected by the cost of living crisis due to the wide array of affordable housing.

On top of this, the research conducted by OneFamily shows that Liverpudlians are most likely to

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NAR Forecasts 4.78 Million Existing-Home Sales, Stable Prices in 2023

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WASHINGTON (December 13, 2022) – Lawrence Yun, NAR chief economist and senior vice president of research, forecasts that 4.78 million existing homes will be sold, prices will remain stable, and Atlanta will be the top real estate market to watch in 2023 and beyond. Yun unveiled the association’s forecast today during NAR’s fourth annual year-end Real Estate Forecast Summit.

Yun predicts home sales will decline by 6.8% compared to 2022 (5.13 million) and the median home price will reach $385,800 – an increase of just 0.3% from this year ($384,500).

“Half of the country may experience small price gains, while the other half may see slight price declines,” Yun said. “However, markets in California may be the exception, with San Francisco, for example, likely to register price drops of 10–15%.”

Yun expects rent prices to rise 5% in 2023, following a 7% increase in 2022. He predicts foreclosure rates will remain at historically low levels in 2023, consisting of less than 1% of all mortgages.

Yun forecasts US GDP will grow by 1.3%, roughly half the typical historical pace of 2.5%. After eclipsing 7% in late 2022, he expects the 30-year fixed mortgage rate to settle at 5.7% as the

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Brooklyn News: A Park Slope Wood Frame Gets a Splash of Color

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Top 10 Brooklyn Real Estate Listings of 2022: A Brooklyn Heights Manse, a Bay Ridge Row House

Looking back at the listings that readers were drawn to in 2022, there isn’t a single neighborhood that dominates and the properties reflect a fairly wide price range. While the most expensive is a budget-busting Brooklyn Heights manse at $13.75 million, much of the list is made up of properties under the $2 million mark.

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brooklyn design inspiration, interiors

Photos clockwise from left: Shelley Victory by Lesley Unruh, Ty Cole, Paul Sue-Pat by David A. Land, Lesley Unruh

6 Creative Interiors Offer Some Brooklyn Living Inspiration

From the pages of Brownstoner magazine, here are the stories of six Brooklyn dwellers who adapted their interior spaces to suit their modern lives.

Each property offers a personal spin on Brooklyn living, including an artist’s whimsical Prospect Heights brownstone, a casual home for a family in Ditmas Park and a woodwork-filled Prospect Lefferts Gardens row house discovered by the owners in the 1970s.

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maintenance building in cadman plaza park

A new cafe could open in one of Cadman Plaza Park’s old maintenance buildings. Photo by Susan De Vries

Cafe in the Cards for Cadman Plaza Park in Downtown Brooklyn

A new cafe could soon

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