Stop Wage Garnishment Through Bankruptcy

Extreme debt is a situation that no one wants to find him or herself in, yet millions of Americans face creditor harassment each year for money they owe and cannot pay. While getting into debt is extremely easy, finding a way out is quite the opposite. There are many unexpected consequences that result from racking up huge amounts of debt, one of those being wage garnishment. Wage garnishment is a means for creditors to ensure that they will be paid by claiming a portion of your paycheck with or without your consent.
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Bankruptcy and a Second Mortgage

People often talk about taking out a second mortgage, but what does that mean exactly? A second mortgage is a loan taken out against a first mortgage. This means, you are borrowing money against a home that you are still paying for. People seek to take out a second mortgage to consolidate debts, to finance home improvements, to avoid paying property mortgage insurance, and other reasons.
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The Basics of Bankruptcy

Freedom! This is the cry of all who have become burdened in debt and who do not see a way out. People often tend to panic when they hear the word “bankruptcy” because they think of it as the worst possible scenario. While filing for bankruptcy is not a decision that should be made on a whim, it is often the best choice for those who are looking for a fresh financial start.
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Secured Vs. Unsecured Debt

Filing for bankruptcy is never an easy decision, thus, it should never be made on a whim. Much is at stake for your present financial situation as well as for your future when the decision to file for bankruptcy is made. All of your debts will be under question if you file for bankruptcy. Determining whether you have secured debts, unsecured debts, or both will be an important factor on whether you choose to file Chapter 7 or Chapter 13 bankruptcy.
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Bankruptcy Among Senior Citizens

Growing older has its advantages and disadvantages. Decline in health as aging occurs is generally seen as the biggest disadvantage, while retirement is generally seen as the biggest advantage. However, senior citizens are having a harder time each year reaping the rewards that they expected in their golden years.
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Strategic Default

Investments are meant to bring investors a greater return than what they initially invested, yet this is not a guaranteed scenario. With the unstable economy in the United States over the past nine years, many people have found themselves “upside down” in their mortgage. For most people, a home is the largest purchase that they will ever make, and they are willing to make a big investment.
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An Uncontested Divorce

Sometimes marriages simply do not work out. Different desires for the future, incompatible personality traits, job demands, infidelity, and money issues are all common reasons why couples choose to quit marriage and go in separate directions. Everyone has heard of “ugly” divorce cases, but all divorces do not have to turn ugly. An uncontested divorce is an alternative approach to traditional divorce that can save couples significant time and money.
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Alimony and Spousal Support

Whether you ever expected your marriage to end in divorce or not, alimony and spousal support are part of the cost of entering into a marriage. Alimony payments, also referred to as “spousal support,” is money paid to an ex-spouse who earned substantially less money than you did. While alimony is not typically awarded to ex-spouses at the end of a short-term marriage, couples who were together for more than just a handful of years are subject to the terms of alimony.
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Business Bankruptcy

Businesses can find themselves in debt, just like individual people and families do. There are specific opportunities that businesses have to reorganize themselves through bankruptcy proceedings in order to stay afloat. The very first step that you should take should you be a business owner and find your business going under is to call an experienced lawyer who has the expertise of business bankruptcy law.
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Paternity Rights

Paternity law refers to the legal relationship between a father and his biological or adopted children. This law deals with the rights and obligations of both the father and the child to each other as well as to others. For many, many years, rulings of child custody cases were largely based on a gender-biased system.
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