Amid a crippling airbag scandal, automotive company Takata has filed for Chapter 11 bankruptcy protection. The company is still in the midst of the largest recall in the history of the United States. The company is working to fix a defect that has led to at least 16...
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Month: June 2017
Protect yourself from joint credit card debt during divorce
When a couple heads for divorce, there are plenty of things on their minds, including how to divide property, assets and how custody of the children will work. What many don't think about is the joint debt the couple has accrued on credit cards during the marriage....
Tips for tackling financial challenges
Financial challenges befall almost everyone at some point in their lifetime. It's how we deal with them that can make the situation better or worse. If you have fallen on hard times and have built up some debt, you will begin to experience stress and other issues that...
What happens to alimony in a bankruptcy?
Bankruptcy is one of the most straightforward and effective ways to deal with debt and other financial burdens. For people who have been through a divorce and ordered to pay support to their ex, alimony payments can be a significant contributor to this. You might be...
Parents, children and staying together after divorce
Your divorce ends your marriage, but, if you have a child, it doesn't completely dismantle your family. Your child is always going to be a link between you and your ex.Some experts have said that one of the best things you can do for your child is to work out a...
