Planned communities are often governed by an HOA, or a Homeowners Association. HOAs generally charge fees associated with the upkeep and maintenance of common areas, within the community such as pools, shared patios, esplanades, neighborhood parks and other amenities. At times when funds are stretched very thin (perhaps following a layoff, an accident or a […]
Being self-employed can have a number of benefits including flexibility, autonomy and the power to make your own decisions. But it also means wearing multiple “hats”. People who are self-employed may be small business owners, or they may be freelancers or independent contractors. They may be responsible not only for their actual product or service, […]
If you’re considering filing for bankruptcy, you may hear the term “estate” and wonder what that’s about. In this instance, it doesn’t refer to a large home or mansion or to the belongings of someone who has passed away like an “estate sale”. In a bankruptcy case, the “bankruptcy estate” simply refers to everything the […]
Injuries or family illnesses, divorce or job loss are unexpected life events that can cause people to slowly slip deeper and deeper into debt. Pretty soon, letters start arriving from creditors followed by relentless collections phone calls. In this situation, it’s easy to feel overwhelmed, especially if funds are not available to pay off the […]
Despite valiant efforts to keep bills paid in full in a timely manner, sometimes debt can creep up and then quickly become overwhelming. Unexpected life events such as a car accident or a prolonged illness may result in high medical bills. Likewise, divorce or other life changes can result in unplanned expenses or skyrocketing credit […]
Debt often starts to pile up slowly – it can come about from the loss of a job, divorce, excessive credit card expenditures or unexpected medical bills. But debt is rarely static. If left unattended, it will continue to compound and grow over time and can quickly reach unfathomable proportions. When this occurs, bankruptcy may […]
It’s easy for financial setbacks that start as small issues to grow over time until they really spiral out of control. Medical bills, home and automobile repairs and expenses associated with growing children and aging parents can add up to debts that you can’t get out from under. Bankruptcy can be a very practical option […]
Despite best efforts, sometimes circumstances that are well beyond our control result in an overwhelming amount of accumulated debt. High medical deductibles associated with unexpected health issues, such as a prolonged illness, a newly diagnosed chronic condition or a surgery resulting from a fall, along with the ever increasing cost of prescription medications can […]
Life is full of surprises and unexpected events and sometimes, despite our best planning, it can get the better of us. A divorce, a lawsuit, an accident or extended illness that results in high medical bills can translate to rapidly growing, accumulated debt. Bankruptcy is a legal process that is available in these types of […]
Between 2005 and 2017, close to 13 million bankruptcy petitions were filed with the U.S. courts, and this number is only expected to grow. There are a number of reasons that people seek to reorganize their finances through bankruptcy, from overwhelming healthcare costs, to job loss, to divorce or high mortgage payments in a devalued […]
