Gambling debt can impact every part of a person's life. It's not unusual for people with a gambling problem to have considerable credit card debt and to take out home equity and other loans to support their gambling addiction. Some people gamble themselves and their families into dire financial straits.
Bankruptcy is a word followed by a trail of misleading stereotypes. Some people assume that filing bankruptcy will result in losing everything. On the contrary, bankruptcy offers a fresh start for many individuals who feel they are at a dead end.
Same-sex couples who want to adopt or foster children know that some private adoption agencies will turn them away. These organizations may have other restrictions as well. Some don't allow unmarried couples of any sexual orientation or anyone who's been divorced to adopt or foster a child. Some require that parents be Christian.
Filing for bankruptcy significantly impacts your life and finances, often providing a solution to a debt problem. Because of the potential impact, it’s important to approach your application delicately.
Colorado boasts some of the most beautiful areas in the country, and Aspen is certainly one of them. Therefore, it may come as a surprise that it has the highest divorce rate of any city in Colorado. In fact, its rate is nearly double the state's average rate.
One of the reasons that many people hesitate to file for bankruptcy is that they assume they won't be able to get credit again for a very long time. A bankruptcy will stay on your credit reports for a decade. This will impact your ability to qualify for credit cards, loans and other credit products. However, you can still begin to rebuild your credit immediately.