Getting a divorce can impact life in many ways. It can be emotionally stressful to end a marriage and split parenting time with the kids. However, divorce can also be financially stressful. After all, individuals have to divide their marital assets, and one spouse...
Month: February 2020
What do you include in the Statement of Financial Affairs?
When individuals file Chapter 7 bankruptcy, they must complete a considerable amount of paperwork. There are several forms to fill out, so the bankruptcy court can obtain an accurate look into the individual’s finances before moving forward with the...
Report: One in three Americans worries about credit card debt
The 1950s brought the advent of credit cards to the United States, making the method of “buy now, pay later,” easier and much more common. Nowadays, the average American has two or more credit cards in their name.Using credit cards might be convenient and...
What should you do if you are facing foreclosure?
Getting the notice from the bank that your house will be foreclosed can leave you in a state of panic. This is not just a house, but your family's home - how can the bank take it away from you? The stress of struggling with debt and pending foreclosure actions can be...
Can bankruptcy impact your career?
Bankruptcy can be a helpful option for many people struggling with debt. However, there are many myths about filing bankruptcy that can make people wary about pursuing this option to relieve their debt. These myths cause many people to worry about how bankruptcy will...
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