Divorce And Credit Card Debts: What To Do?
You and your spouse's spending habits can become part of your divorce if you cannot decide how to divide up debt obligations. Read on and learn more about splitting up credit card debts with divorce. Is Credit Card Debt a Marital Debt? When a couple parts ways, the term marital debt can arise. Marital means "with marriage" so marital debt is any debts taken on after the couple was married. If Joe brings credit card debt into the marriage with Jill, Joe will remain responsible for that debt after the divorce occurs.
Reasons Why Wills Are Important Even If You Have No Assets
You may be wondering if you should have a will written up. It could be that you are young and haven't gotten many assets yet, or you may be older and don't own a home or have much money. While you might think it's not really necessary to have a will if you feel you don't have any real assets, wills can help protect your wishes in distributing what you do own.
Why Is The Demand Letter So Important In An Injury Case?
When clients and their injury attorneys pursue cases, filing a demand letter is nearly always one of the central features of the process. If you're not familiar with the injury claims system, you might wonder how a letter could be so important. Let's look at three reasons why injury lawyers care so much about demand letters. Meeting the Statutory Limit The driest and simplest answer is that sending a demand to a defendant satisfies the statute of limitations.
Your 18-Wheeler Accident May Have Been Caused by Eating and Driving
A large percentage of Americans eat while driving and this can sometimes include truck drivers. Drivers who eat while they are driving might think that they are saving time, but there are several reasons why eating and driving can lead to a serious accident. The Danger of Eating While Driving When a truck driver takes their eyes off the road, even for a short period, they might notice a potential danger on the road and end up in a collision.
Which Is Better: Chapter 11 Or Chapter 13 Bankruptcy
If you're struggling and want to retain your property and reorganize your debt, you'll have to choose between Chapter 11 and Chapter 13 bankruptcy. To determine the best option between the two, consult a bankruptcy attorney. Here are some differences between the two bankruptcy arrangements to help you determine which one will work best for your situation. What Is Chapter 11 Bankruptcy? Chapter 11 bankruptcy gives you time to reorganize your finances, which include keeping assets and reducing payments.
