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How Seasonal Employment Can Affect Your Bankruptcy Plan
When your debt has gotten so high that you’re consistently struggling to pay your bills, and you don’t know how you’re going to get out from under, the idea of filing for bankruptcy can provide a real lifeline and cause for hope. If you’re giving filing for bankruptcy serious consideration, and especially a Chapter 7 bankruptcy which would allow you to erase almost all of your debts, there are a few things you need to be aware of — especially if you’ve been trying to pay off your bills by supplementing your income with part-time jobs or seasonal employment. Anybody …Read More ➡
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Communication Tips to Keep your Divorce Process on Track
Every divorce is different. Some couples simply recognize their incompatibility and part company on pleasant terms, while others carry so much anger that their antagonism towards each other gets in the way of what they most want – to be rid of each other. When couples are operating in an emotional, hostile state, reasonable communication is usually the first thing to break down, and that can lead to one of two outcomes. Either: They end up doing all of their communicating through their attorneys, which quickly leads to enormous legal fees for both of them, or They speak to …Read More ➡
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Dividing Student Loan Responsibilities in a Divorce Decree
Students graduating from college or graduate schooling with a mountain of student loan debt has become all too common as tuitions continue to rise in the United States. The average amount of debt that a college student graduated with in the class of 2017 was $39,400, and that number is expected to climb. That level of debt can take decades to pay off, and when you combine that level of indebtedness with divorce, things can get extremely complicated. Though many people think that student debt somehow stands apart from other types of debt, the truth is that it is treated …Read More ➡
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How to Figure Out Visitation Schedules Over Summer Vacation
In every household with children, the arrival of summer (and the end of the school year) brings a certain amount of disruption. Though parents’ schedules and obligations remain the same, the kids suddenly no longer need to wake up early for buses or drop-offs. Homework is no longer a consideration, and neither are after-school activities. For divorced parents, the summer vacation from school can represent either a blessing or a curse, depending on how your normal visitation schedule is structured. A parent who normally has responsibility for school days suddenly has a lot of time to fill, and possibly …Read More ➡
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How Much Debt Does the Average College Student Graduate With?
There are many events that can lead to people filing for bankruptcy. People can experience job loss or medical problems, or simply make the repeated mistake of buying more on credit than they are able to afford. The housing and financial crisis of 2008 led to many Americans having to file for bankruptcy, and experts are warning that the United States economy is on the precipice of a similar financial disaster in the future – a crisis caused by mounting student debt. Getting a college degree is considered a necessity in today’s job market, but the costs of earning that …Read More ➡
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How to Negotiate for Shared Custody
Divorces are rarely easy or free of conflict, and this is particularly true in divorces that involve children. One of the most challenging issues that families negotiating the terms of their divorce face is how best to address shared custody in a contested divorce. The underlying philosophy of the court is that parents need to arrive at a solution that is in the best interests of their child or children, but when tensions are running high and one or both spouses are feeling hurt or angry, there can be a quick turn to vindictiveness and use of the children as …Read More ➡
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Recovering from Bankruptcy is Possible
Filing for bankruptcy has such a negative connotation that many people who would benefit from the process are hesitant, concerned about their reputation and their ability to be financially secure in the future. The truth is that recovering from a bankruptcy filing is possible. But, to make sure that you don’t get into trouble again, you need to have a plan that begins on the day that you make your decision, and you need to stick to it. Though the record of your bankruptcy will remain on your credit report for 10 years that doesn’t mean that you will never …Read More ➡
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Is the Decision of a Divorce Mediator Final?
Going through a divorce is an extremely challenging and emotional experience. Not only are you dealing with the end of a relationship that you had thought was going to last forever, but you are suddenly at the mercy of laws and processes that are unfamiliar to you. One option for dealing with the many conflicts that arise in divorce is to work with a divorce mediator, who is trained to facilitate resolution in a non-adversarial way. When you choose mediation, the goal is to find a middle ground that is acceptable to both spouses without the animosity that is often …Read More ➡
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How Much Money Can Filing for Bankruptcy Cost?
If you have reached the point where you are considering filing for bankruptcy, then money is probably exceedingly short, so it makes sense that you need to know whether the process is something that you’re able to afford. Though it’s true that a bankruptcy filing does have some out-of-pocket expenses, they are largely predictable, and the process is frequently worth it as it gives you the opportunity to get a fresh financial start and alleviate the never-ending stress that comes with debt. First, here is a list of the established filing fees and other required costs: Filing fee for a …Read More ➡
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Ways to Limit Divorce Costs
Ask anybody who has been through a divorce themselves, or who has somebody close to them who has gone through the experience, and one of the first things they’re likely to comment on is the tremendous expense involved. Though your focus may be on the emotional and logistical impact of ending your marriage, the divorce process itself can be remarkably expensive. The good news is that there are several practical ways to limit divorce costs. Here are some helpful hints on how to minimize divorce’s financial impact. Be cooperative with document requests. You may not want to supply the information …Read More ➡
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