As a consumer, you have certain legal rights. One of those rights is to be free from unfair debt collection practices. Although this may seem like a no-brainer, avoiding it in real life can be quite difficult. One reason is that there is an unfair balance of power in situations where debt is being collected. These collectors will try to use their muscle to scare you into doing things that you don't have to do. They may also illegally intimidate you to try to get you to pay up.
Divorce can be an emotionally challenging event. Two individuals who have presumably loved each other suddenly determine that it is in their best interests to go their separate ways. Oftentimes, this comes after infidelity or emotional detachment, and other times money issues come into play. Yet, for all the emotional damage that can be caused by divorce, it can be equaled or even surpassed by the financial ramifications of divorce. Although many of the financial consequences can be negotiated or litigated, there may be change coming that is unavoidable.
When most people think of the major family law issues, think that they begin when divorce occurs. Yet, as many are aware, this is not always the case. Some family law issues, especially child custody and child support, can arise without a marriage even ever existing. However, in these instances, those who want to protect their legal rights may need to take a few extra steps.
Your cell phone jangles and buzzes. Someone is calling you! In this day of social media and texting, phones calls can seem like a rare treat. You don't recognize the number, but you answer anyway, hoping that you'll soon enjoy a conversation with a friend or family member. Instead, you find yourself listening to a recording that prompts you to push buttons to speak with an operator. Annoyed, you do exactly that. You know that if you tell a telemarketer to stop calling you, they have to remove you from their list.
Planning for the future can be complex and multifaceted. If you are thinking about estate planning, then you have a lot to consider. The law provides a variety of ways you can protect your assets during your life and even after your passing. The legal route you take to distribute your assets is completely up to you, but it will likely depend on your wishes with regard to whom you want to leave your assets and how you want to bequeath them. Although many Illinois and Indiana residents choose wills as a way to create a distribution plan, one thing they don't want is a contested will.
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.
Being in debt can leave just about anyone stressed; especially when the debt is so overwhelming that it affects your day-to-day living. When you fall behind on your bills, you may find yourself being contacted by debt collectors. Although these companies can be pretty aggressive, it is important that you recognize that there are consumer protection laws in place to help keep you safe from unfair debt collection practices.