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San Antonio Law Blog

Avoiding commercial real estate foreclosure

Investing in commercial real estate can be a risky undertaking because typically there are high monetary assets at stake. If you are struggling to keep on top of your loan repayments that are tied to commercial real estate property, it is likely that you are worried about the threat of foreclosure in the future.

By monitoring your financial situation closely and understanding the process of foreclosure, you may be able to avoid such an outcome. There are several options for you as the owner of commercial real estate in Texas.

The difference between a normal and high asset divorce

If you and your spouse are considered to be a high asset household and you are getting a divorce, you may be worried about how the divorce could affect your wealth. Many spouses are reluctant to go through a divorce in this situation, because they don't want to lose the lifestyle to which they have become accustomed.

However, everyone has the right to pursue happiness, and if you are unhappy within your marriage, it is important to consider the options that are available to you and educate yourself on the law.

How can you thrive in a co-parenting relationship?

When people imagine their future, it is unlikely that being a co-parent is what they envision for their family. However, the reality is that relationships do not always work out and co-parenting can be still a successful way to rear your children to be happy and healthy individuals.

If you are new to co-parenting or if you are struggling to work with the other co-parent to create a smooth transition for your children, you may want to take the time to understand what makes co-parenting successful.

Your bank could help you prevent foreclosure

Sometimes, life can bring unexpected occurrences that suddenly make previously simple things difficult. For example, if you lost your job or had to pay unexpected medical bills, you may find it difficult to afford your mortgage payments.

Those who default on their mortgage payments can be at risk of losing their home to foreclosure. This is why it is important that you take action as soon as you realize that you may have a problem paying your mortgage obligations in the future.

What to consider before buying a business

Texas is the land of opportunity and people transition in and out of business all the time here. This creates lots of potential for someone looking to invest in an existing company.

If you’ve identified a business, it’s important to complete your due diligence before making an offer. Take these considerations into account before any sale:

Addressing your digital assets as part of your estate plan

One of the purposes of estate plans is to provide the estate planner with peace of mind regarding how all of their affairs will be dealt with at the end of their life. One aspect of a person's life that has become more prevalent in recent years is their social media presence and digital assets.

A person's online accounts will need to be dealt with at the end of their life, for both financial and social reasons. Therefore, it is important that you reflect on how you would like these digital assets to be dealt with and that you address them as part of your estate.

Tips for successfully preventing foreclosure

One of the most stressful situations that you can find yourself in is being at risk of losing your home. Foreclosure can, unfortunately, have the power to make families homeless, so it is important to take such risks extremely seriously and take action as soon as you find yourself struggling financially.

It can be possible to avoid foreclosure. However, you must make sure that you take timely action. You also need to know more about the course of action that your lenders will be likely to take.

Why was I denied visitation as a Texas father?

Fighting for the right to see your children and being denied visitation can be a heartbreaking situation to be in. You may feel like giving up after you have been denied visitation because you believe that there is no possible way forward. However, there are always options, especially if you are convinced that you are able to make a positive impact on your child's life.

It is important that you understand how visitation decisions are made by child custody courts in Texas. By understanding why you were denied visitation, you can learn the best way to move forward in order to be successful.

What to consider before signing a retail space lease

If you are looking for a retail space in which to operate your business from, it might feel overwhelming to start to think about negotiating a lease. The terms held within a lease can be very complex, and they may have the potential to affect the workings of your business for years to come.

It is important that you understand all of the terms of the lease before you accept the conditions and sign the contract. You should also make sure that you understand the market by comparing the lease with similar spaces in the area.

Consider how to react to the threat of foreclosure

If you have been struggling to make your mortgage repayments on time, this could signify a serious problem for your financial future. However, it could also just be a sign that you need to tighten up your budget and re-prioritize your spending.

There are many ways for you to take control of your finances again, but the first step is always to recognize that you have a problem with your cash flow, and that action is necessary.