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July 2016 Archives

Banks consider special mortgages for divorce situations

Property buyers in Texas and around the country have a dizzying array of financing options to choose from, and a type of mortgage designed to cater to the needs of older people who are going through a divorce may soon be added to the list. These new loans, which are being referred to as divorce mortgages, are being discussed by banks in the United Kingdom, but an approximated 100 percent increase in the number of people aged 50 or older seeking a divorce between 1990 and 2013 has prompted some experts to predict that similar financial arrangements may also be introduced in the United States.

Divorce settlement agreements

Couples in Texas who are divorcing may want to consider the importance of their divorce settlement agreements. These agreements define important issues such as property division, child custody, visitation plans and spousal support. It is this agreement that governs the responsibilities of the former spouses.

Delinquent child support and credit

In Texas, child support is ordered so that children can enjoy standards of living that are similar to what they could have enjoyed if the children's parents had stayed together. It is meant to provide for the children's needs. When a parent does not receive child support that is owed to him or her, then it is possible that the children may not have their needs met.

Social media and divorces in Texas

Social media has been changing the way that many divorces are handled. In the past, the only evidence that someone might have of a dishonest spouse was hearsay. However, due to the increased use of social media, divorcing individuals are frequently able to find out about their soon-to-be ex-spouses' raises at work, cheating and behavior that might reflect poorly on them during a custody battle.

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Bruce Turner

In addition to his law degree, Bruce Turner has a master's degree in tax law and is Board Certified in Commercial Real Estate Law by the Texas Board of Legal Specialization.

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Turner, Bruce E.
1603 Lyndon B. Johnson Freeway Suite 280
Dallas, TX 75234

Phone: 800-486-9553
Fax: 214-373-2570
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Bruce Turner with Bennett, Weston LaJone & Turner, P.C.

Attorney Bruce Turner is located in Dallas and represents people and businesses throughout DFW and the Metroplex, including Denton, Carrollton, Lewisville, Flower Mound, Farmers Branch, Irving, Las Colinas, Corinth, Highland Village, The Colony, Plano, Frisco, Allen, McKinney, Mesquite, Grand Prairie, Garland and Grapevine as well as Collin County, Denton County and Dallas County in Texas.

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