Going through a divorce is often a challenging experience for adults. Many don’t think about how much this milestone affects the children, though. There are several things that kids might worry about when their parents are going through a divorce. As the adult in the...
Each kind of bankruptcy has different rules and requirements. Chapter 13 bankruptcy is a popular form of personal bankruptcy that people also call a wage earner's plan. Those with higher incomes can still qualify for Chapter 13 bankruptcy, which allows them to protect...
A study performed on 5,300 German couples between 2004 and 2017 was recently published in The Economic Journal by researchers at the University of California-San Diego. This study looked at how likely these individuals were to take risks, including how often they’d...
People who file for bankruptcy might be tired of having debt collectors constantly contacting them. Often, phone calls and mailed demands are used to try to get people to pay. This can make answering the phone or checking the mail a stressful experience. When you file...
There are many reasons that people feel concerned about filing for bankruptcy. Some people worry about the effect on their credit score. Others worry about whether bankruptcy will affect their job or financing options. Another common concern about bankruptcy is the...
In a word, yes. Most states have strict enforcement services developed to deter those who might otherwise abandon their support obligations. In many cases, knowing that the state might step in for nonpayment of child support keeps noncustodial parents current....
In 1998, the state of New Jersey adopted the Uniform Premarital and Pre-Civil Union Agreement Act. The purpose of this law is to provide parameters for prenuptial agreements that dictate what can be, and what cannot be included in a prenuptial agreement. What is a...
When parents divorce, the adults aren’t the only ones who suffer emotional damage. The children are also impacted. Some children might not be able to put their feeling into words. Others might feel like they don’t have an outlet for discussing how they feel. It’s...
When it comes to equitable property distribution, most couples overlook the subject of sharing marital debts or liabilities during divorce. It is easy to discuss who gets to keep the home or the car, but what about the credit card debt, car loans and any other...
Once you determine that you need to file for bankruptcy, you then need to make certain decisions about how you will do so. The form or chapter of bankruptcy that you file will have a major effect on how bankruptcy works in your case. In a Chapter 13 bankruptcy, you...
