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Bankruptcy puts a new light on marriage preparations
Uncategorized

You are no doubt looking forward to your wedding day. The invitations have been sent out, and the preparations are actually going smoothly. There is only one little issue: Your groom-to-be has recently declared bankruptcy. How will this affect your marriage? Credit history questions You may wonder if the bad credit history your future husband … Read more

Sep 27, 2018
Gray divorce more common, can cause health problems
Family Law

Divorce has been linked to depression and stress that can exacerbate existing health conditions and increase the risk of other problems for seniors. People in Texas who are approaching or going through a divorce later in life should keep the increased likelihood of health issues in mind. Knowing what to expect allows for preparation so … Read more

Sep 24, 2018
The positives of getting a prenup
Family Law

A prenuptial agreement, or prenup, is a legal document that individuals can use to specify how their assets will be handled should they get a divorce. Couples in Pennsylvania who are thinking about getting married should carefully consider how prenups could protect their financial interests. One situation in which a prenup is advisable is when … Read more

Sep 19, 2018
Credit card debt forgiveness is rarely a panacea
Bankruptcy

Credit card debt forgiveness may seem like an attractive option to Michigan residents who are struggling financially, but they may find that pursuing this course of action is futile because debt collectors expect a sizeable upfront payment before agreeing to forgive part of what is owed. Another problem with debt forgiveness is that it does … Read more

Sep 13, 2018
Planning for the school year following divorce
Family Law

Any new school year in Michigan comes with an understandable range of emotions for children, from apprehension about new teachers and classes to excitement about playing favorite sports. For children adjusting to a post-divorce life that includes splitting time between two homes, there can be added stress associated with getting back to school, especially if … Read more

Sep 4, 2018
Credit card delinquency rate rises worryingly
Bankruptcy

Many consumers in Michigan and around the country are having difficulty meeting their financial obligations despite low unemployment, rising wages and sustained economic growth according to figures from the Federal Reserve Bank of St. Louis. The bank says that the credit card delinquency rate has risen from 2.12 percent during the second quarter of 2015 … Read more

Aug 29, 2018
3 tips for avoiding bankruptcy this holiday season
Uncategorized

With summer ending, the holidays are just around the corner. If you are on a tight budget, you may have a lot of concerns about the holiday season already. Buying presents and decorations can put a strain on your finances. This can be especially troubling if you are dealing with other expenses and struggling to … Read more

Aug 26, 2018
Bankruptcies increase among elderly Americans
Bankruptcy

An increasing number of elderly people in Michigan and across the United States are filing for bankruptcy, especially as wealth inequality continues to deepen. Several studies have indicated that older Americans are suffering from escalating financial problems. Between 1991 and 2016, the bankruptcy rate for Americans over 75 more than tripled. At the same time, … Read more

Aug 22, 2018