Divorce

Divorce is a difficult disruption in your entire life. Everything from your home, your possessions, your finances, and your children are affected when a marriage comes to an end. Many people who are faced with divorce fir the first time are taken aback to learn how complicated it can be.
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Underemployment

The recession of 2008 hit millions of Americans hard, and many of them are still recovering. While a large number of people who had lost their jobs are now employed, they are finding that they are suffering from underemployment.
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Troublesome Student Loans

Debt has become an almost accepted state of being for many Americans. Most ideas of debt circle around consumer debt, car loans, and home mortgages – the “typical” categories. However, many people are surprised to learn that student debt is actually the second biggest debt sector in the United States, reaching $1 trillion. Student debt is the only debt sector to massively grow since the recession in 2008.
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Mid Year Financial Review

With 2017 half way over, now is a great time to check in and review your finances. Millions of Americans make New Year’s resolutions each year, and while losing weight and/or getting “in shape” will probably always rank as the number one resolution, getting finances under control is also a popular goal.
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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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