In 2014, the aggregate household debt of Americans was $11.71 trillion with the average household carrying $6,500 in credit card debts. With debts continuing to rise, many Americans are seeking alternative options available to them financially in order to achieve financial freedom. In 2014, there were a total of 619,069 chapter 7 bankruptcy filings. Chapter 7 bankruptcy is perhaps the easiest option. Under chapter 7, applicants can receive a clean financial slate if they are to surrender all of their assets to be paid to debtors.…
When you file for Chapter 13 bankruptcy, you will need to hire a lawyer, but your lawyer is not the person that will be handling most of the case. A bankruptcy trustee will actually handle most of the duties of your bankruptcy, and a trustee is someone that is appointed to you by the bankruptcy court. Your trustee plays a huge role in your case and here are three important things the trustee will do.…
According to the Centers for Disease Control and Prevention, car accidents are the leading cause of death among teenagers in the United States. If you’re a parent, this is a scary statistic, but unfortunately, you cannot stop your teen from enjoying the independence and fun that comes with getting their license. Instead, what you can do is educate yourself about how to keep your teens safe behind the wheel—and what you need to do if your teenager is in an accident.…
