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Category Archives: Divorce: income and assets

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COVID-19 AND BANKRUPTCY

COVID-19 AND BANKRUPTCY
COVID-19 AND BANKRUPTCY “It was the best of times. It was the worst of times. It was the epic of belief. It was the epic of incredulity. It was the seasons of light. It was the season of darkness. It was the spring of hope. It was the winter of despair. . .” Opening paragraph, A…
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How IL Calculates Child Support Under the Amended Statute

How IL Calculates Child Support Under the Amended Statute The purpose of this blog is to inform the reader how IL calculates child support under the amended statute, effective on July 1, 2017. The Application 735 ILCS 5/505 (a)(1), child support guidelines The Illinois Legislature has amended the child support statute section 505 in material…
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CALCULATING CHILD SUPPORT UNDER THE AMENDED STATUTE

CALCULATING CHILD SUPPORT UNDER THE AMENDED STATUTE 750 ILCS 5/505(a) The purpose of this blog is to inform the reader as to the procedure and law applicable when calculating child support under the amended statute, effective on July 1, 2017. Application 735 ILCS 5/505 (a), child support guidelines Calculating child support under the amended statute…
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Modification of Maintenance: Retirement Benefits

Modification of Maintenance: Retirement Benefits Palatine and Arlington Heights divorce lawyer, James Kelly, further explains the Amendments to Illinois Marriage and Dissolution of Marriage Act, Section 510, concerning modification of maintenance. Part VII The Maintenance statute of the Illinois Marriage and Dissolution of Marriage Act Section 510 was amended so as to take affect this…
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