If you are so overwhelmed with debt that you do not know where to turn, you could consider bankruptcy. If you are married, you have the ability to file with your spouse or independently on your own, but if you are thinking of filing on your own, there are several things you should realize before you go through with an independent bankruptcy filing.
Both incomes matter when performing the means test
Finding out that your business is being sued for wrongful termination is enough to make your heart sink. You let go of an employee, seemingly for above-board reasons, and now they have filed a lawsuit against you, claiming that you fired them illegally. What should you do in this situation, and what actions should you avoid? Here's a look.
Do Not: Contact the employee directly.
Especially if you worked with the employee personally and knew them, you may be tempted to reach out and try to mend fences personally.
Making the decision to file for bankruptcy is one that you probably mulled over for awhile, and one that you most likely aren't taking lightly. The process can take some time, and you need to be sure you're doing everything you are supposed to be doing so you don't cause your bankruptcy to be dismissed and have to start the process all over again. This can take even more time and end up costing you more money that you don't have.
Driving under the influence (DUI) can ruin your child's life in more ways than one. Parents have a big role to play in preventing drunk driving in teenagers. Here are some tips you can use to help your kids avoid drunk driving.
Explain DUI Dangers
The first thing is to explain to the kids the dangers associated with impaired driving. Explain how intoxication impairs judgment, reduces reaction time, and impairs vision, among other things.
It is always so important to fully evaluate any branch of bankruptcy before you agree to use it for debt-relief purposes, as there are consequences of filing. If you are currently evaluating Chapter 7 bankruptcy, here are some of the top factors you should know about that will help make this type of bankruptcy a good choice for someone who needs relief from their debt.
The debt is primarily owed on credit cards