Almost everyone at some point in their lives experiences a car accident. The experience is so common now that it is highly unlikely that a person who drives or rides in vehicles at all would not experience such an accident at some point. In the developed world, it nearly counts as a basic human experience.
As you compare Chapter 7 and Chapter 13 bankruptcy, you'll come to find that there are pros and cons associated with each one.
Estate planning is often associated with older people, but the truth is that people who are just starting a family could also find it very useful to take the time to create an estate plan. Even if you don't have high value assets, an estate plan could be valuable because it can create a plan for your children.
Slipping is a major problem in places where ice and snow are common. Despite the fact that businesses and individuals know snow and ice is likely, they don't always take the steps necessary to prevent injuries.
Are you a struggling family farmer or fisherman? Chapter 12 is a special kind of bankruptcy designed just for you. This bankruptcy category helps family farmers and family fisherman who have regular and steady incomes reorganize their debts so they can pay them off -- or pay at least part of them off.
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.