Military life can put a strain on a lot of marriages. Moving from city to city and sometimes from country to country can be very stressful on relationships. Deployments can also fracture even strong marriages. Unfortunately, as many military families have discovered, absence doesn't always make the heart grow fonder. So what should you do if your significant other has decided that you and the military life is no longer right for them, and they are now demanding a divorce?
The Chapter 7 bankruptcy process can be an effective tool for managing and eventually eliminating most of your debts. As with any debt management tool, it's important to understand how certain assets will be treated. For instance, a Chapter 7 bankruptcy can bring about significant consequences if you've received or are set to receive an inheritance.
The following provides an in-depth explanation of how Chapter 7 bankruptcy may affect recently inherited property and assets.
If you've recently been approved for Social Security Disability (SSD) or Supplemental Security Income (SSI) at a relatively young age, you may be dismayed at the thought of being relegated to a low monthly income for the rest of your life. You may also believe that retraining in a different, more sedentary career field could allow you to work a well-paying job and decrease your reliance on disability payments. Can you attend college while collecting SSD or SSI benefits?
It's a fact that almost all states stack DUIs and will sentence defendants based on the number of convictions they have had in that state within a specific period of time. For instance, if you get 3 DUIs within 10 years in Florida, you could have your license suspended for up to 10 years and be sentenced to up to 1 year in jail. However, what many defendants may not realize is that some states count DUI convictions in other states in their calculations.
When filing for chapter 13 bankruptcy, you and your lawyer will need to schedule a meeting with your creditors, typically referred to as a "341 meeting" that is designed to assist with determining the outcome of your repayment arrangements. Before heading to your meeting, it's a good idea to take some preparations that will help support your lawyer when they represent you. Here are four effective options to consider implementing:
