You've decided that bankruptcy might be the right choice for you, but you don't want to lose everything you've worked for. You fell on hard times after getting let go from your job, and now there's no way to make ends meet.
It only takes a few missed days of work, a sudden illness or other unexpected expense to put you behind on your bills. Especially if you have credit cards, financed vehicles, personal loans or other monthly payments, a missing paycheck or an emergency expense can result in all kinds of issues. Once you miss a payment, you're hit with fees. Then, perhaps you're over the limit with that fee, so that's another fee. Even when fees aren't the problem, you may not have the money to catch up on what you owe.
Parents who are going through a divorce face some challenges that people without children don't have to worry about. Since your children are impacted by the divorce, you need to consider how each decision you make now can impact them.
Coming to terms with your financial state might be rather shocking, especially if you find that you have more debt than you realized. For many people, delving into the finances is very difficult because it might seem like the debt is insurmountable.
Some young adults think that they don't need to handle estate planning matters right away. While it might be true that these individuals have a lot of time left on the Earth, you just can't predict what might happen. Estate planning is best done as early as possible.
On July 1, a new child support model went into effect for child support cases in the Illinois. The new model doesn't automatically apply to child support orders that were issued prior to the July 1 start date, so if you already have an order, you should continue to follow it.
There are many people who believe they don't qualify for bankruptcy because of their income or assets. However, as you learn more, you may soon come to find that you qualify to move forward.
Consumers shouldn't be bothered by robocalls and other automatic telemarketing phone calls. When these calls do occur, there is a chance that they are in violation of the Telephone Consumer Protection Act of 1991. This act provides consumers with specific protections against these annoying calls.
The Fair Debt Collection Practices Act (FDCPA) sets a standard for debt collectors. These standards also come with specific penalties for debt collectors who choose not to follow the guidelines set forth in the act.