With our smartphones always on hand, we can access anything at any time. However, as technology advances, so do methods of identity theft. Scammers invent new ways to steal someone's identity and spend their money constantly. They use viruses, credit card scanners and even widespread data breaches.
You worked hard to create your business but due to an unfortunate turn of events, you've been unable to keep up with the demands of the business. Now, you're hoping that a bankruptcy will help you get out of trouble and keep your business running in the future.
When you're in your 20s, it might not seem like the right time to start planning your estate. After all, you probably think of your life extending into your 80s, 90s or even longer.
It may be hard to believe, but if you feel overwhelmed by debt, you don’t have to lose everything by filing bankruptcy. In fact, in most cases, homeowners will not lose their property in bankruptcy.
Debt is a burden. One that many Americans manage daily. From credit card debt to mortgages to student loans and failing businesses, debt can pile up. What can also be scary, is not knowing how to free yourself from debt and start fresh.
If you are struggling with your finances, one of the things that you may want to consider is bankruptcy. Bankruptcy isn't always the best answer, but for many people who have struggled with debt and tried to get out of debt with negotiating tactics and by taking on more work, it is the final solution to their problems.
You shouldn’t only focus on what happens after your death when making an estate plan. The latter years of your life can be very unpredictable. You don’t know what sort of health issues may happen to you and if you’ll end up in a physically or mentally incapacitated state. It can feel frightening thinking about being in a state where you can’t control what you do or what happens to you.