While some of our readers may feel that it is too early to think about going back to school, for children whose parents are divorced it is not too early to review child custody and child support arrangements for the upcoming school year, so that there is plenty of time to make modifications if necessary.
Being in a tough financial situation can cause huge amounts of stress, and this stress can make it difficult to make logical and well-considered decisions. Knowing how to deal with overwhelming debts in the best way can be challenging, especially because there are so many possible options.
If you find yourself swimming in debt, there's no time like the present to implement a strategy for improving your finances. It's not always easy to make progress but every little bit counts.
Getting divorced is a frightening prospect for anyone, but for spouses who have stayed at home as a parent or homemaker, it is particularly frightening to consider the end of a marriage. After all, spouses who stay at home to care for the house or the children generally don't have a recent work history.
If you're interested in learning more about Chapter 7 bankruptcy, it never hurts to compile information to help you make an informed and confident decision.
Not every person in New Hampshire who wants to file for bankruptcy will qualify for Chapter 7 "liquidation" bankruptcy, particularly if they do not pass the Chapter 7 means test because their income is too high. However, filing for Chapter 13 bankruptcy may be an option for these debtors that allows them to keep their property while still paying off their debts. To do so, a repayment plan will be created and approved by the court. And, the repayment plan starts with the debtor.
Child support is one of the most misunderstood and wrongfully maligned aspects of divorce in modern America. Many people seem to think of child support as a way for one spouse to control or abuse another financially. In reality, the parent who retains primary custody of the children will incur substantial expense in providing for the needs of those kids.
If you're considering Chapter 7 bankruptcy, there's a good chance that your finances are in shambles. Even though you're frustrated with your situation, taking a few key steps will go a long way in getting back on track.
Parents always strive to do what's best for their children. Divorce or separation often complicates these efforts, since parents may find it difficult to co-parent once they are not living together. New Hampshire courts do their best to help parents and children in this situation.