You know exactly what you want to happen to the family home when you die. It seems like a shame, then, for the property to be stuck in probate for months after you’re gone. What’s the solution? You have several. Here are some options: Create a joint tenancy If you’re...
Knowing that you owe creditors money is a disheartening situation. You probably don’t need to be reminded of it on a daily basis with phone calls and letters. Unfortunately, collection agencies and bill collectors don’t mind that type of contact with the people who...
Divorce cases will soon soar all over the United States. It’s not because of anything that’s happening in the country right now, per se, but just because this is the pattern that we see every year. After Christmas and the New Year holiday, people start filing for...
Dividing up the family home, the vacation house or that old piece of wooded property that’s been in the family for generations is never easy. Many people don’t even try. They pass the real estate jointly to their heirs and hope for the best. That can be a huge...
The common stereotype about bankruptcy is that it happens because of reckless spending. Someone buys things that they do not need and cannot afford, and eventually they can’t pay what they owe. They use bankruptcy to get out of a bind. But is this stereotype true?...
Losing your job, even when it is no fault of your own -- such as when the company has to downsize due to a recession -- can raise a lot of important questions. Do you qualify for unemployment benefits? Are you going to face bankruptcy if you don’t get another job...
As the executor of someone's will, it is not your job to give opinions on the rights or wrongs of the deceased’s wishes or try to correct things you see as unfair. Your role is to merely carry out the wishes laid out in their will. What do you do, however, if someone...
You’ve tried everything to steady your finances and avoid bankruptcy, but have come to the conclusion that this is the best way to secure a better financial future. Should you learn that you don’t qualify for Chapter 7 bankruptcy, it’s time to turn your attention to...
Sometimes, couples find themselves having issues in their marriage, and they just don’t feel like things are working. Rather than breaking up, though, they decide that maybe they should have a child. Why do they make this choice? For some, all of their friends are...
Your financial situation may be looking grim, but you don’t want to contemplate filing for bankruptcy until after the holidays. That’s entirely understandable -- but you need to exercise some caution so you don’t make some common holiday mistakes that could later...
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