The decline in real estate values over the past several years has left many homeowners owing more than their properties are worth. Second mortgages obtained years ago, based on inflated home equity, are now presenting a financial burden. Homeowners facing foreclosure or considering a future home sale may find a Chapter 13 bankruptcy to be a financial option.
As long as real estate prices were rising, second mortgages were a practical method to convert home equity to cash.
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A marriage in which one partner is always threatening the other with divorce isn't healthy. It results in emotional damage for both parties, and it can also lead to an actual divorce. Therefore, if your partner mentions the "D" word every time you fight, then you should do something about it. Some of the options you can explore include:
Sit Down and Talk
The first thing you should try is to sit down with your spouse and talk about his or her threats.
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If you have children, divorce becomes much more complicated. You will need to create a parenting plan that determines how both of you will share parental responsibilities. This is a court order that you can have enforced in the event that you or the other parent is not complying with the requirements.
How Parenting Plans Work
The parenting plan should detail where the child will primarily live. While the child might live in one home during the summer or on the weekends, your child will have one official home.
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Hiring a personal injury attorney can be one of the most effective ways to ensure you get all of the compensation you deserve after being involved in a serious accident. In most cases, the first step towards obtaining this beneficial representation is to schedule an initial consultation with a reputable attorney in your local area. Before attending this consultation, there are a few steps that you should take the time to complete.
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Approximately 50% of all marriages end in divorce, and many of these individuals will end up with financial problems shortly afterwards. If you are currently going through a divorce and are afraid that you will suffer financially, you should talk to your lawyer about the following three things:
Child Support
If you will obtain custody of the kids, your ex-husband will be required to pay child support. Unfortunately, there are many dads that fail to keep up with this obligation, and you should fight in advance to make sure you get this money.
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