A lot of people are experiencing tough economic times, so you're certainly not alone if your bills are mounting and you don't see any way back.If bankruptcy is starting to look more and more like it's your only option, it's wise to take some steps to prepare. At the...

Month: April 2020
Filing for bankruptcy after a job loss
If you were already dealing with debts, suffering the sudden loss of your job could lead you into serious financial difficulties. Without the funds to make your minimum debt repayments, you may be facing the loss of your home and be inundated with communication from...
Under what circumstances is bankruptcy a good idea?
Financial difficulties can leave people feeling extremely stressed, worried and unable to think clearly about their situations. Those with significant debts who become suddenly unemployed may immediately panic and decide to file for bankruptcy without thinking. You...
When do you distribute inheritances from someone’s estate?
As the executor of your friend's estate, you want to handle everything properly. However, their anxious heirs are already asking questions about the decedent's assets, both big and small. Your reluctance to pass out their inheritances is starting to create some...
What bills to pay first when money is short
A lot of people are struggling with significant economic concerns right now. Unfortunately, many don't have enough money to pay all of their bills.Are you being forced to assess your bills and make some hard decisions about what to pay and what to skip because of your...
What laws apply to divorces in Michigan?
States differ when it comes to the laws in place regarding the divorce process. This is why you should always make sure that you have a good understanding of the laws in the state that you plan to file in. You can't choose any state to file in based on your...
Don’t make the mistake of paying the wrong minimum wage
The federal government has a minimum wage set by law. That figure represents the lowest possible rate that employers can pay their workers in any state in this country. That rate was recently increased to $9.65 for most residents at the beginning of this year. There...
What if you can’t pay your child support next month?
It seems like financial crises are looming large these days, and many people are unsure how they're going to meet obligations like rent, utility bills, car payments and more over the coming months.Divorced parents, of course, have an even bigger concern: They need to...
Is Chapter 13 bankruptcy the right choice?
If you are currently facing huge debts and you don't know how you will be able to keep up even with minimum repayments, you should assess your options sooner rather than later. By considering your options for bankruptcy, you may be able to prevent losing your home,...