When debts become overwhelming, bankruptcy can be an effective solution for getting the situation under control in the short term. However, it is important to be aware of the long-term implications of filing for bankruptcy. Chapter 7 and Chapter 13 bankruptcy are the...
Asset division is one of the most stressful parts of the divorce process for a large number of couples. Many simply do not know what to expect, either. A good place to start is understanding community versus separate property, which will play a big role in asset...
Dealing with debt collectors is not anyone's idea of a good time. Unfortunately, they can doggedly pursue people through a variety of situations, and may try numerous tactics to get a person's money to boot. How can you tell whether or not a debt collector is using...
When going into a divorce, many couples will want to know what their options are. Some people default to taking their spouse to court, but this is not how it has to be. Instead, consider mediating through the divorce process. But how does mediation work? What do...
Unfortunately, you may unearth plenty of negative traits in your partner when going through divorce that you never even imagined possible before. Having to deal with false accusations on top of everything else is a recipe for stress and anxiety. Thus, knowing how to...
Bankruptcy allows businesses and individuals to wipe out their debt and start with a clean financial slate. However, they work very differently. Here are the differences between personal and corporate bankruptcies. Personal chapters 13 and 7 Chapter 7 allows...
Many people correlate finances and assets to the rate of arguments that may occur during a divorce. However, it might not be the assets themselves that lead to these troubles. It might have more to do with the feelings of financial insecurity that surround the assets....
Married people in North Carolina can file for bankruptcy jointly or individually. If you are considering bankruptcy, it is a good idea to evaluate which option is best for you. There are several factors to consider. Whose name are your property and debts in? If you...
Co-parenting is not easy. Particularly if you have some hard feelings with your ex, continuing to associate with them frequently may be difficult. However, remember that in most cases, co-parenting is in the best interest of the child. Keeping your child front and...
Filing for bankruptcy can be a way to relieve yourself of the burden of debt when you can no longer afford the cost of living because of your mounting debt. When filing for bankruptcy, many people worry about how bankruptcy impacts credit. After all, your credit score...
