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Why Should You Hire a Bankruptcy Lawyer?

When it comes to filing for bankruptcy, you always want to make sure to choose the right lawyer. When you file for bankruptcy, it can bring you a huge sense of relief, especially when you are under a debt. Once your case is over, you can get back to your everyday life, debt-free. Sometimes, it is a necessary solution to your problem and is a must that you fully understand the process. And we are here to walk you through it. The bankruptcy forms are daunting enough as they are. Read on and find the many ways an attorney can help!

Complete and Schedule Paperwork

When you begin the paperwork you will have to file pages of financial data. The data will cover debts, income, expenses, assets, and financial transactions. When you hire the right attorney, they will know exactly what you have to disclose and how to value your assets.

Accurate and Complete Testimony

When you file for bankruptcy, you are going to need to sign the paperwork and tell the court, under penalty of perjury, that the information you provided is correct to the best of your knowledge. Your attorney can be there with you through that process to ensure your testimony is complete.

Negotiate With Your Creditors

Throughout the Chapter 7 bankruptcy process, your attorney has the ability to negotiate your reaffirmation agreement and can help you to keep your home or car. If you are going through a Chapter 13 bankruptcy, then your attorney can negotiate on payment terms. Not only that, but they can also negotiate on the value of collateral and interest rates in order to offer you an affordable payment plan.

Peace of Mind

When you leave the case in the expert hands of the right attorney, you can experience a stress-free process knowing that everything is on track. An attorney can provide you with the information to proceed through the case and inform you of the status every step of the way.

All in all, choosing an attorney you can count on is a must. That’s where we can help. Here at Family Law Richard E. Young & Associates, we have years of hands-on experience and are here to get you through the confusing legal process of bankruptcy.

Power of Attorney: What They Can and Can’t Do

As we get older, it is important to determine who you trust to handle your medical decisions should you be unable to. A power of attorney document is where you grant a trusted individual with the authority to handle any or all of your financial and legal needs if you’re incapable of doing so yourself. Working with a reputable lawyer to draft a durable power of attorney will allow you to choose who you trust for your needs. Keep reading to learn more about how a power of attorney can help you in the future.

Legal document with Power Of Attorney printed at the top.
Legal document with Power Of Attorney printed at the top.

Types of POA

Once you understand what a power of attorney is, it’s important to understand the differences between the two types of POA documents. This will help you interpret whether you could benefit from a medical POA, financial POA or both. POA documents offer different levels of protection:

Medical POA: This POA gives a trustworthy family member or friend the ability to make medical decisions when you’re unable to or incapacitated.

Financial POA: In a similar way to a medical or healthcare POA, a loved one can be placed in charge of financial decisions when you yourself can’t make them.

What Can a POA Do?

Whether you go for a medical or financial POA, the scope of what your chosen agent can do will be as narrow or broad as is permitted in the document. These are some of the decisions your chosen agent can make for your healthcare and financial needs.

Medical: What medical care you receive.

       Which doctors you use.

       Where you live or what you eat.

-Financial: Access your financial accounts to pay for treatments and healthcare.

        Make investment decisions and file taxes on your behalf.

        Manage your property.

Lawyer sitting at a desk with a gavel and scales in the foreground.
Lawyer sitting at a desk with a gavel and scales in the foreground.

What Can’t a POA Do?

While there is a range of decisions your chosen agent can make under the POA document, there are also limitations to what powers the document grants them. For instance, your agent will not be able to change your will or make decisions once you pass away. Along with these examples, your chosen POA agent cannot transfer power of attorney to someone else either.

Thoughts No matter how old you are, it’s never too late to choose who you want as your power of attorney agent. When you’re ready to draft the documents, call on Family Law Richard E. Young & Associates to ensure they’re written correctly.

The One Thing You Need to Do Before Moving In With Your Significant Other

It’s no secret that cohabitation, the practice of living with a long-term partner without being married, is a popular lifestyle choice among adults today. Most young people agree that it makes sense to live with their significant other for a period of time before plunging into the commitment of marriage. However, cohabitation still comes with its own risks and that’s why cohabitation agreements were created. Read on to learn about what they are and how they can protect you.

What is a Cohabitation Agreement?

First, let’s define what a cohabitation agreement is; it’s essentially a legal contract that’s made between an unmarried couple that’s deciding to live together. They outline things like the ownership of property and how household costs will be handled. Depending on the couple’s situation, the agreement can be highly specific or fairly loose. Similar to a prenuptial agreement, it allows both parties to walk away with their personal property should the relationship end.

Why Get One?

Now that we have an idea of what a cohabitation agreement is, we’ll outline some of the advantages to having one.

First, it helps you communicate your preferences with your partner. For example, if you insist on a tidy home, you can include terms about how chores like cleaning will be taken care of. Knowing from the get-go how you both feel about these kinds of issues can prevent future arguments and misunderstandings.

Second, you will both know the financial situation that you’re in. Many relationships have dissolved after one partner discovers that the other has debt or bad spending habits that they’ve been hiding. When drawing up your cohabitation agreement, you can see the bank statements and debts that your partner has.

Finally, having a cohabitation agreement can save you from losing personal property or assets if you separate. There will be little to no opportunity for disputes over who owns what. No one likes to think about the possibility of breaking up, but at least you will have peace of mind.


Moving in with that special someone can be both exciting and a little scary. By getting a cohabitation agreement, you can start this new chapter of your life responsibly and with reassurance for the future. Get started today by getting in touch with Family Law Richard E. Young & Associates. Visit our website to learn more about how we can help you prepare for a successful life together with your significant other.