Chapter 13 bankruptcy is a wonderful tool for those who have too much of an income to qualify for Chapter 7 liquidation bankruptcy. Chapter 13 bankruptcy is special, because it requires you to make payments for three to five years. You'll make those payments on time each month. If you fail to do so, then your bankruptcy will not complete successfully.
People have various reasons for wanting to file for bankruptcy. When you are faced with bills that have a higher payment than your income, you might consider taking this step. For some individuals, the point that pushes them to bankruptcy is foreclosure. They might be so focused on stopping the foreclosure that they take this step.
Credit card debt is a reality for many people. It is easy to become overwhelmed with credit card debt, but it can be equally difficult to get out of that debt. Some people work diligently to pay off their bills and keep a good credit score. Others realize that they are in too deep and opt to file for bankruptcy. Neither way is wrong, so you should evaluate your circumstances carefully to determine which is the best for you.
Driving under the influence of any substance is illegal in Arkansas. It doesn't matter what the substance is. This includes alcohol, over-the-counter medications, prescription drugs and illegal substances, even if they are obtained legally.
Medical debt is one of the most frustrating debts to overcome. It can total in the thousands or hundreds of thousands very quickly, depending on the severity of an illness or injury. Even with insurance, there is a possibility of having deductibles, copays and other expenses that add up.
The decision to file for Chapter 13 bankruptcy isn't one that is made lightly by filers. It usually takes a lot of debt and the exhaustion of all other options before most people file. Often, there are other circumstances that play a part in the need to use this protection.
Personal bankruptcy can be the right choice if you're struggling with debt and don't see a way out. Personal bankruptcies help eliminate unsecured debts, giving you the opportunity to start fresh.
Many people think of violent crimes as things like murder or beating someone up. What they might not realize is that some violent crimes are much more subtle in nature. Sexual assault can be one of these under the right circumstances. Because most adults interact with other people on a daily basis, they should all have an idea of constitutes sexual assault.