If you are having some financial trouble, you might want to consider filing for bankruptcy. Of course, you need to know whether you are truly in a bad enough spot to consider it. To help you decide this, you might want to review the following signs of financial trouble that may indicate the need for bankruptcy.
You Are Receiving Daily Bill Collector Calls
Sometimes, a bill collector will call when you accidentally pay bills late.
Nobody wants to think about bankruptcy. However, if you are confronted with such a possibility, then it is absolutely vital that you familiarize yourself with the process. If you don't, then you might suffer even more.
What is bankruptcy?
If you owe money that you don't have and that you have no foreseeable means to acquire, then you are probably going to have to declare bankruptcy. However, bankruptcy is not necessary in all situations.
When it comes to filing for bankruptcy, there are several options open to you. One of the options bankruptcy attorneys would recommend would be to file under Chapter 7. In this course of legal action, you as the debtor are not filing with the plans of paying off your debts as under Chapter 13. Rather, all the assets that you have that are non-exempt are then sold off to your creditors. A non-exempt asset is defined as anything that has not been specified to be exempt under the laws that are in place.
For some expectant mothers who are working, the fear of losing their jobs is a real one. If you are one of those women, you need to understand what legal protections you have and how you can take action if your employer violates your rights.
Can Your Employer Fire You for Being Pregnant?
The Pregnancy Discrimination Act, or PDA, restricts an employer from firing a pregnant employee based on the pregnancy. It is considered to be a form of discrimination.
Foreclosures have been trending downward in the U.S. for the past few years, with many homeowners working with lenders on alternative repayment plans in order to keep their houses. It appears that foreclosures are now trending upward again, but several developments in real estate law are changing the game. These changes may actually benefit people whose mortgages are in default.
When it comes to foreclosure law, time may be on the homeowners' side.