Chapter 7 bankruptcy offers a way to get rid of debts almost instantly. Chapter 13 bankruptcy, on the other hand, can take years and require repaying some or all of the debt a person owes, so why do people choose Chapter 13? There are times when Chapter 7 is the best solution, but there are other times when Chapter 13 works better. Here are three occasions when Chapter 13 is the best option for a person to choose.
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Buying your first home can be an extremely stressful event. With all of the paperwork and logistics to sort out, it's understandable that many people make very basic mistakes that can hinder their ability to seal the deal and ruin their chances of securing their dream home. As such, here are three common mistakes you must avoid when buying your first property:
Forgetting to Have the Property Inspected
When shopping around for your first home, it can oftentimes be easy to become so bowled over by the pictures and your excitement that you forget to have the property inspected.
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Divorce is a devastating process that is not only hard on the couple going through it, but it can be heart-wrenching for their children. Statistics show that 45% - 50% of first marriages in the United States ends in divorce. With these high statistics, there's a good chance that your kids have several friends and/or classmates who have divorcing or divorced parents. But this won't soften the blow when you give them the news.
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Small business owners have a lot to consider, from making sure that customers are happy to keeping everything legal. With so many laws that apply to small business owners, it's easy to lose sight of specifics and find yourself facing legal issues. Here are a few common mistakes that land small business owners in legal trouble.
Using One-Size-Fits-All Contracts
There are many legal resources available online with sample contracts, legal forms and other documents.
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The statistics regarding trucking accidents across the United States show some worryingly high figures. In 2013 alone, 3,964 people were killed in accidents involving large trucks, with 95,000 more injured. It is vitally important that truckers understand the main causes of these accidents, as they may be liable in court. Below are three of the main causes of trucking accidents and which party is likely to be deemed accountable for negligence:
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