In most cases, Chapter 7 Bankruptcy is a powerful tool to escape crippling debt, as it acts as an essential social safety net. It’s also something that can help many enjoy a fresh start, with all records of past debts permanently erased, and potential for improving credit score. However, benefits aside, there are also some …
Divorce is something that’s often seen as ‘bitter’ and ‘combative’ in the public eye, complete with fierce and costly battles in court. Sadly, many America will go through it, as 40-50% of all marriages in America end in divorce. However, the truth is an amicable, non-court divorce is very much possible through mediation, to help …
If you’re not familiar with what H&R Block is, it’s a tax system with more than 120,000 tax professionals to help people prepare their tax returns. It’s an excellent option for those who value reasonably priced tax prep services as well as speed and convenience. But is it all sunshine and rainbows, or are there …
Bridge loans are a type of short-term borrowing where an owner of a property borrows money against the equity of that property. Ideally, when selling your home, the money you receive can help fund your new home, but since the timing and logistics of this do not always work out, a bridge loan can exist …
Over 12 million Americans take out a payday loan every year, paying a staggering $9 billion in fees. What is a payday loan? It is a small amount of money loaned to someone with the agreement that the loan will be paid back with interest upon the person’s next payday. Often referred to as “cash advances,” …
In a self-funded health plan an employer pays for employee’s health costs out of pocket as they’re received instead of paying for insurance premiums. These plans can be a great approach to providing healthcare if your country doesn’t have a public option, depending on the company’s approach. Ideally, employees will never take on any financial …
Plea-bargaining is a standard procedure in courts. In a plea bargain, the Prosecutor makes an agreement with the defendant through the defense attorney. Generally, the Prosecutor will make some concessions to the defendant, like dropping some charges or reducing the sentence. In exchange, the defendant agrees to plead guilty to either a lesser crime or …