Realizing that you can’t cover your normal life expenses and make the payments necessary to cover debts can be difficult. Your focus will likely turn to trying to find a way to take care of your finances. One option is to file bankruptcy. Many people who file for...
When someone passes away, their belongings go through a legal process called probate. This helps ensure everything is passed down to the right people. While most people think of bank accounts and homes, people sometimes have one-of-a-kind treasures, such as a vintage...
When a loved one passes away, the expectation is often that their estate will be passed down to the beneficiaries named in their will or trust. However, the reality can be more complicated, especially when debts come into play. One common and troubling question many...
Bankruptcy is a challenging time because you likely realize that you need to do something to take control of your finances, but you also know that you can’t afford to pay the debts you have and stay afloat. Once you decide to file for bankruptcy, you will likely start...
Creditors often use frequent communication via calls, email, mail, texts or direct messaging to try to collect debts. If you know that you don’t have the money to pay them while being able to pay for life’s necessities, you may feel stress each time you’re contacted...
Probate disputes can happen for a number of reasons, and one of the most common is undue influence. The claim is essentially that someone else influenced the estate plan. It doesn’t reflect the person’s true wishes. Often, the person who is accused of using undue...
Bankruptcy has a bad reputation. Many people think it means losing everything and being financially doomed forever. However, that’s not the case. Bankruptcy is often the first step towards a fresh start - financially. If you’re drowning in debt, filing for bankruptcy...
One concern that people have when considering estate administration and their potential inheritance is that their parents may have a high level of debt. Parents may have mortgage loans, car loans, credit card debt and much more. This debt may be substantially higher...
The health care system in the U.S. depends on most people having health insurance of some kind. Despite this, millions of people still find themselves in debt after receiving medical treatment. Why does this happen? When it does, can it lead to bankruptcy?...
Filing for bankruptcy for bankruptcy is likely a major decision. It may come once you realize that you won’t be able to pay for life’s necessities while keeping up with debt payments. Once you file for bankruptcy, you will notice a negative impact on your credit....
