One of the primary decisions you will have to make when you decide to file for bankruptcy is what chapter of protection you will file. There are two main personal bankruptcy types: Chapter 7 and Chapter 13. While there are some similarities between these two types, there are also some important differences.
When you were buying your home, you needed financing in order to close on the place you wanted. Because of the high-pressure market, you may have decided to take out a loan that wasn't ideal in order to secure a home. Adjustable rate mortgages (ARMs) can help people obtain financing, but they can also have a negative impact on your long-term financial plans.
The summer is here, and that means plenty of people head out to the local public pool. While most pools are safe and many will offer a fun place to cool off without any negative events, some are not maintained correctly or don't offer the services necessary to keep people safe.
Getting into debt is fairly easy because it is so tempting to think that you can just pay everything off later. Even when the debts are due to medical bills or other situations beyond your control, the stress of knowing you owe a huge amount is still the same.