Bill’s father, Dale, was a simple man. He did not chase the world’s riches, nor did he frivolously spend and leave his descendants with an enormous debt in his wake. He rented out a humble apartment, lived well within his means, and managed to save up a bit, leaving behind a savings account with a balance of about $27,000. There wasn’t much he left behind other than fond memories and a sense of how to navigate the world with a positive outlook.
Several months had passed by, and the notices continued to come in from his father’s rent payments. Bill
What does your bucket list look like? Do you plan on squirrel suit diving across the face of the Pyrenees? How about a triple backflip base jump off of Niagara Falls? How about an in-line skate journey from coast to coast in America? No matter how ambitious the schedule may be and what excitement you plan on deriving from the big plans on your bucket list, many people often make the mistake of overlooking a crucial task that should be at the top of the list: Preparing your will. Don’t be one of those people!
Let’s face it. Accidents sometimes
Have you already protected your family from instability? By that, we mean: Have you drafted your will yet?
It is understandably not something that is at the top of everyone’s to-do list. How often do we want to think about our own mortality and what will happen once we are gone? Not often, we understand. However, the time is never better than now to prevent your family from one day having to face the sometimes lengthy and costly process of formalizing an affidavit of heirship. Sure, we all don’t want to die, but we know we eventually will. What is
In today’s day and age, Americans are subject to more messages encouraging spending than ever before. On television, internet videos, magazines, books, storefront windows, billboards and beyond, we are given distinct messages that support the idea that you need to purchase, and while this isn’t necessarily a bad thing, as this is how our economy operates and stays afloat, when there’s little incentive to save, people often find themselves in tough financial situations.
The problem lies in the fact that nobody is telling Americans to save their money, and with good reason. Spending stimulates the economy, and when the economy
Nobody sets out on their career path at an early age planning on filing for bankruptcy someday, so we understand the stress one feels when they realize that they’re unable to uphold their end of their debts, through fiscal hardship or otherwise. For many Americans, financial ruin is only a car accident or sick day away, and once one of these unexpected tragedies occur, many find themselves unable to pay bills, loans and other payments they may have acquired. A situation can go from bad to worse in the case of serious medical conditions, which may strike suddenly and be
Simply charging into a chapter 13 bankruptcy can be an enormous mistake! During this process, there will be numerous qualifications, time deadlines and forms you must complete, as well as the naturally suspicious and keen eye of a bankruptcy trustee and the grit and tenacity of your creditors legal teams. There are dozens of steps in the bankruptcy process where one wrong move – one poorly or improperly filed paper, one above-average paystub, one missed meeting – can, quite literally, bring the walls down around you. For these reasons, it is highly suggested that you hire a professional bankruptcy attorney,
Chapter 7 bankruptcy is a specific chapter of bankruptcy that allows for quick and easy debt annulment, where a bankruptcy trustee supervises the cancellation of most, if not all debts and then liquidates property as a means of reimbursing creditors. Often called “straight liquidation” or “straight bankruptcy,” Chapter 7 is often the simplest, easiest and most straightforward approach to rising above credit debt and reestablishing a life of normalcy, without the constant fear of property and asset repossession.
While this may sound enticing to those who are facing financial hardship, there are many hoops an individual must jump through in
Nobody steps through the door of their home when they purchase it and think that one-day, they may be unable to pay for it. Typically, countless hours go into planning to take out a home loan, and blood, sweat and tears are shed accumulating the information required for the approval of a loan of this magnitude. John A. Hixson, a professional foreclosure attorney based out of Arlington TX, knows as well as any that a person’s home is their safe haven; their impenetrable fortress, and not only is it tragic when a lender files a foreclosure against your living space,
As a business, it’s important to pay attention to economics, listen to your customers, be one step ahead of the competition, allow yourself to grown and evolve in your business model and be passionate about what you do. Unfortunately for many business owners in America, the concept to running into the ground financially isn’t all that far off. With a wavering economy, one wrong move, or even more simply, a loss of interest in your goods or services due to people being unable to afford them can put a business feet up in the water of debt. We all make
Chapter 13 bankruptcy is, at its core, a less invasive alternative to the straight liquidation aspect of typical chapter 7 bankruptcy, which most opt for due to its quick and easy proceedings. But while chapter 7 bankruptcy can best be seen as a quick flurry of life changes that may end up seriously altering the way you live your life, chapter 13 is a drawn out, slow rolled and delicate process wherein you, as someone filing for bankruptcy are able to keep all of your assets – granted you are able to prove you have the means of paying for