Even though you might have done everything right over the years, there is no way to predict when your company is going to lay you off or an injury is going to take you away from your job. Things happen that are out of your control. While it might be stressful seeing all of the bills piling up with no way to pay them, there is an answer and it is simpler than you think.
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Bankruptcy can be a great option for a consumer in financial distress because it allows them to start over with a clean slate. However, bankruptcy is a complicated legal process, and making a single error could invalidate the entire process and force you to start over or even lose the ability to file for bankruptcy. If you've filed for bankruptcy or are considering filing for bankruptcy, be sure to avoid these common missteps.
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When creating your power of attorney, you and your attorney have to decide whether or not to use a springing power of attorney. Although this might seem the best course of action to take, it can possibly cause an even bigger headache for you and your family. If you are thinking of a springing power of attorney, it is important that you understand the potential problems that could occur.
What Is a Springing Power of Attorney?
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If you've recently chose to divorce your spouse If your spouse is a member of the military, this divorce may become more complex. Unlike most civilians, military members' retirement savings primarily come in the form of a pension, which can be difficult to divide among more than one person. However, this division is often necessary in order to secure the financial future of both spouses. Read on to learn more about how the pension is treated in a military divorce, as well as what you should do to preserve your rights and protect your finances while divorcing a member of the military.
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When you are in love, and about to get married, the last thing you believe will happen is that you will end up in divorce court. However, facts are facts and although divorce is not as prevalent as it was 35 years ago, current trends still show that 33 percent of marriages will end before the death of one partner. A prenuptial agreement seems to be admitting you are expecting the marriage to fail.
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