Warren notes that most of us know a number of people who have been through divorces, but we don't know about the bankruptcies, even though there are more of them. People hide the reasons for life changes (we're moving in with Bob's parents because of their health or we're moving away for better job opportunities) when in fact bankruptcy is the cause.
Bankruptcies are more common among parents than any other group. According to Warren, a specialist in bankruptcy, creditor and debtor law, it isn't because people are irresponsible. Most bankruptcies, she says, are caused by either job loss, family breakup, or unexpected health problems of a wage earner or family member so that one wage earner must stay home to nurse the patient. Doesn't exactly make a person feel safe.
I'm a 40-something mother from an affluent major metropolitan suburb. I am married, employed and well educated, and I'm an active volunteer.
I'm also broke. Join me as I try to figure out what happened and turn my economic life around.
Walmart Video Game Return Policy
-
Walmart Video Game Return Policy In 2022 [Updated!] Walmart Inc. Walmart’s
current logo since 2008 Walmart Home Office (headquarters) in December 2012
Form...
Bitcoin Live Price Prediction
-
BTC As a Crypto Currency Bitcoin (BTC) is a digital currency created in
2009 by an unknown person using the alias Satoshi Nakamoto. It is a
decentralized...
Creative Destruction in Small Business Bankruptcy
-
Two distantly related items caught my eye this morning, as both reinforce
the need for "creative destruction" as a response to all-too-common small
busines...
My Inexpensive Golf Clubs And Equipment
-
I really enjoy playing golf. It’s a great way to challenge myself and to
get some exercise. Once or twice a week, I’ll arrive early at our local
course, an...
Earn 3% on Online Shopping With This Card
-
Link for teaser title:
https://www.wisebread.com/compare/pxd-2024-aug-bofa-customized-cash-rewards-revi...
This card with no annual fee with a $200 welco...
4 months ago
Polly's List of Personal Finance and Debt Help Sites
No comments:
Post a Comment