One of the downsides of filing for Chapter 7 bankruptcy is the effects it can have on your credit. This particular branch of bankruptcy will remain on your credit report for 10 years from the date you file, but this does not mean that your credit will be bad for the entire 10 years. Weighing the pros and cons of bankruptcy is always an important thing to do before you file, and here is some information you should understand about the effects of Chapter 7 bankruptcy on your credit.…
When couples come together in holy matrimony, sometimes their assets also become one. It’s commonplace for married couples to pool their savings and earnings together for the sake of their family, whether it’s to buy a new home, help a spouse start his or her business or provide for any children they may have during the marriage.
Separating these entangled assets can be problematic when it comes to divorce. Commingling is a common issue that often complicates divorce matters.…
People rarely expect to get divorced when making their marriage vows at the alter. Yet, approximately 41 to 50 percent of first-time marriages end in separation. Likewise, people don’t expect disease or death to strike while they are parting ways with their soon-to-be ex-spouses, but this happens often enough that some states have begun making laws to deal with the issue. If you want to prevent major complications developing with your spouse should you fall ill or pass away during your separation, here are two things you need to do before or soon after filing for divorce.…
Non-custodial parents who are incarcerated are typically required to continue paying child support while they’re in jail, even though they may not have sources of income to do so. More often than not, this results in parents incurring tens of thousands of dollars of child support. However, changes in legislation set to take effect in the next few years may allow parents to put child support obligations on hold until they’re released.…
Whiplash is a common injury caused by car accidents, especially when a person is hit from behind. The motion of being pushed forward and pulled backwards is what causes whiplash, and the symptoms can be minor or major. In some cases, people that experience whiplash end up with long-term effects they must deal with for many years or for the rest of their life. It can be hard to know how long the effects will last, which is why you may want to ask for long-term compensation for this issue.…
Medical issues can often seem like they come in clusters. You may go years without a major illness or injury, and then weather several in quick succession. If you’ve been under the care of a physician during this time, your multitude of medical problems can make it difficult to determine which issues are due to factors beyond anyone’s control – and which are due to your physician’s negligent or reckless treatment.…
Investing can be a safe or risky activity, depending on your investment choices and the preparation and research you make beforehand. You can invest in a new invention you have patented or in the stock of a company. By involving the right type of attorney, you can make your investment a safer and smarter one. Here are two attorneys to help you invest more safely.
Corporate Attorney
When you invest in your own invention, there is a process you need to complete before you can begin selling your invention.…
Student loans – both federal and private – have been nearly entirely prohibited from being discharged in bankruptcy for decades. This can effectively prevent those with student loan debt from filing bankruptcy, and if these loans aren’t eligible for discharge or income-based payments, they can pose a heavy obligation for those with other debts or tight budgets. However, a recent letter released by the U.S. Department of Education (DOE) may provide some relief for those who may find themselves unable to ever fully repay their student loans.…
While going through the process of paying down debts controlled by your chapter 13 bankruptcy proceedings, all associated creditors must cease collection actions. The order for an automatic stay, as given by the court, prohibits collection phone calls and letters, service disconnection and eviction. Creditors cannot attempt to collect through wage garnishment or seizure of your assets.
Instead, creditors must wait for you to fulfill the court ordered payment plan to receive their funds.…
Submitting a patent application for your latest idea is the final hurdle towards having your invention legally protected. However, this process can be fairly tricky to navigate, and there are three important things you must do before contacting the patent office:
Complete a Worldwide Patent Search
The first step in pitching your idea to the patent office is to complete a worldwide search for similar ideas. Remember that patents are global and not restricted to your current country of residence.…
