Bankruptcy is an excellent option for debt relief. It can give you a clean slate. It works by erasing debts. It would be best to learn more about it before deciding it is right for you. So here are some ways chapter 7 bankruptcy can be a good option for relieving...
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Year: 2022
Chapter 13 Bankruptcy Flexibility
If you are currently drowning in debt, you are not alone. In the United States, thousands of individuals face debt loads that they cannot repay for multiple reasons. While this can be a frustrating situation to be in, the good news is that you have options. Depending...
3 Reasons Why Estate Planning Is Important
Planning for the end of life is uncomfortable, but it is kind and compassionate toward those you will leave behind. Specifying your wishes clears up any ambiguities, saves money, and keeps your family strong. 1. Ensure your assets go to the right person You do not...
Should You Consider An Advance Medical Directive?
Many believe they can put off thinking about complex or late-life healthcare needs. However, regardless of age, anyone can benefit from having an advance medical directive. These are the reasons to include this essential document in your estate plan. What is an...
What You Should Know About Special Needs Trusts
Individuals with a serious intellectual and/or physical disability typically receive federal benefits, including Medicaid and SSI, which have strict asset and income limits. To protect their assets and maintain a high quality of life, specific parties can petition the...
Estate Planning Strategies That Will Help Your Heirs Avoid Probate
Probate is the legal process of settling a deceased person's estate, involving paying outstanding debts and distributing assets. All estates in Kentucky worth over $15,000 must go through probate. However, if your estate exceeds the state's threshold amount, these...
What Are The Benefits Of An Automatic Stay?
When you file for bankruptcy, you get an automatic stay. This federal court order prohibits your creditors from contacting you to collect the debt. If you struggle with unpaid bills and have considered bankruptcy, learn more about the potential benefits of an...