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It’s an often-repeated mantra: You can’t discharge student loans through bankruptcy. While it’s a reality for most indebted people, the conventional wisdom isn’t quite true. In a seldom-invoked provision, people in extreme circumstances can jettison their student loans if they can prove to a judge they face undue financial hardship.
Professional athletes pulling in millions of dollars are wise to invest some of that money using a financial professional. Unfortunately, some former football players and a U.S. Olympic soccer player are finding they put their trust in the wrong hands.
If you’re a woman going through a divorce, you need to ask yourself two tough questions: Could your husband be hiding assets? And if he is, does that mean you won’t get the divorce settlement you deserve? Hiding assets during a divorce is sneaky, unethical and illegal—and it happens much more frequently than most women suspect.
The Lawyers.com bankruptcy law forums should be one of your first stops if you’re dealing with a money-related legal problem or issue. Covering topics including consumer bankruptcy, contracts, credit and creditor issues, these forums are the place to ask questions and get answers before you hire a bankruptcy lawyer.
The number of couples seeking postnuptial agreements during their marriage has increased over the past three years, according to a recent survey. Postnuptial agreements are similar to prenuptial agreements in that they determine who gets what after a divorce. The poll found that 51 percent of divorce attorneys questioned had noticed more couples signing the agreements.