The Property You Can Keep: Bankruptcy Exemptions

Bankruptcy undoubtedly provides a powerful legal way to wipe out most of your debts and allows you to get the fresh start that you need. Unfortunately, the bankruptcy laws also provide that some of your property, like your home, vehicles and more could be subject to seizure. The amount of property you are allowed to keep depends on something called "exemptions". Read on to learn more about how bankruptcy exemptions allow you to depreciate your property and keep it. [Read More]

Nursing Home Abuse: Signs to Watch for If You Suspect It

According to the National Center on Elder Abuse, roughly 10 percent of older Americans experience some form of elder abuse. The Centers for Disease Control and Prevention (CDC) says that, for each case that is reported or confirmed, there are roughly 23 cases that remain unconfirmed. The mistreatment can be in the form of physical, verbal, psychological, sexual, or financial abuse. No one wants to assume that their loved one is in danger, especially under the care of nursing home staff. [Read More]

4 Things You Need To Understand Before Become A Landlord

If you are interested in renting out property, it is vital that you understand all of the responsibilities that come with being a landlord, other than just making a little extra money. Here are four things that are vital for you to understand before you start renting out your properties and become a landlord.  #1 Your Home Has To Meet Local Housing Safety Codes Before you put any of your properties up for rent, you have to make sure that they meet all local housing safety codes in your county and state. [Read More]

Four Things You Need To Know About Chapter 13 Bankruptcy

If you find yourself drowning in debt payments and cannot make consistent progress on your debt, a chapter 13 bankruptcy may be right for you. Before making the decision to file for chapter 13 bankruptcy, make sure you understand the process and what it entails.  1. There is No Means Test Unlike chapter 7 bankruptcy, there is no means test to file for chapter 13 bankruptcy. The reason there is no means test for this type of bankruptcy is because it is automatically assumed that debtors will repay a portion of their debts. [Read More]