It is entirely possible a situation could develop in which a divorced former spouse could legally make decisions and sell off business assets.
Harlingen, Tx (PRWEB) November 03, 2014
“Divorces in Texas can sometimes put businesses in jeopardy,” writes Texas divorce lawyer Ricardo Barrera. In an article just published on his website at http://www.barrera-lawfirm.com, Barrera outlines the various legal factors that affect people who own businesses and are going through a divorce in Texas.
“It can be quite complicated,” says Barrera. “There are a number of factors that need to be taken into account. Was there a prenuptial agreement? Is there a postnuptial agreement? How has the business been structured? These factors and more need to be sorted out.”
Barrera has been practicing divorce law in the Rio Grande Valley since his graduation from the Texas Tech University School of Law in 2010. This year he was one of three graduates recognized with the school’s G.O.L.D. Award (Graduate of the Law Decade). The award is given for significant achievements in the practice of law, the judiciary, public service, government, business, or commerce during the last decade.
“It is tremendously vital, if one is a business owner and going through a divorce, that they get competent legal advice,” states Barrera. “Otherwise it is entirely possible a situation could develop in which a divorced former spouse could legally make decisions and sell off business assets which would cripple the business’s earning power and cause a long fall from which recovery may be difficult.
About Ricardo Barrera
Ricardo A. Barrera is a South Texas attorney that currently practices law in the Rio Grande Valley. Mr. Barrera graduated with honors from Texas A&M University-Kingsville where he was also elected student body president. Mr. Barrera went on to graduate from Texas Tech University School of Law where he won a national championship on moot court. Mr. Barrera has been commended by both the Texas House of Representatives and his U.S. Congressman for working above and beyond to help others in defending their rights. He is a recipient of the Texas Tech Law School G.O.L.D. Award as well the 2014 Pro-Bono Award, presented by the Cameron County Bar Association.
Barrera has appeared on KGBT Action 4 News speaking about divorce.
For more information, contact:
The Barrera Law Firm, PC
1314 E. Harrison Street
Harlingen, TX 78550