Not everyone looking to file for bankruptcy actually qualifies for a chapter 7 filing. There are numerous criteria one must meet, regardless of whether or not you might have already been told that you're a prime candidate for a chapter 11, chapter 13, or chapter 20 bankruptcy. Each has unique stipulations and guidelines regarding which assets are forfeited and which you are permitted to retain, as well as things like payment plans, income levels, etc.
Automobile accidents can quickly transform a person's life for the worse, and in addition to the pain from the accident, you will also have to contend with substantial medical and repair bills. While it may be possible for you to recover many of these expenses, it is important for you to understand the answers to a couple of basic questions about these cases before making a decision. What Information Should You Give The Other Insurance Company?
Due to a wide range of issues, including decreased pensions, more elderly Americans are facing financial woes. One possible solution to resolving those problems is filing for bankruptcy. There are special considerations that should be taken into account if you are a senior citizen and thinking of filing for bankruptcy. Medical Bills Unfortunately, as you age, you can face an increase in medical bills. Medical bills are often a big share of the financial problems many Americans face.
If you have aging parents or other elderly loved ones, you likely worry about their safety and well-being on a regular basis. You want to make sure that they're always safe and that they make smart choices. You may find yourself needing to a hire an elder law attorney to help you better guide your loved ones. Take a look at the following information to better understand the reasons as to why you may need to someday hire an elder law attorney.
Whether or not you live in a state that recognizes same-sex marriage, it is important that you take action to protect your partner when you pass away. The surviving spouse can face unique challenges that could influence how your estate is ultimately settled and how and where you are laid to rest. Here are two areas you need to take into consideration to ensure your partner has what he or she needs to settle your estate.