What Is the Best Advice If Your Credit Is Bad?

Many people find themselves in debt and more often than not, it is purely because they have fallen on hard times, not because they “have a problem with money”. I recently read about one woman who was left with the expenses of raising children with no help from their father who had left. She also had her mother and brother living with her, who were both unemployed and had to financially support them as well. She barely had enough money for food and basic essentials, so over the years, had accumulated debt through numerous ‘credit card increased limit offers’ and deals which she had been drawn into.

She was afraid. She didn’t have money to pay lawyers or debt counselors for their advice. She was afraid to answer the phone for fear of so many people she owed money to and even wondered whether she might be put in jail because of her debts.

Sound familiar?

Well the good news is, that there is no such thing as a “debtors prison”. It would not be in the interests of society to throw people into prison for misfortune. These are matters for the civil courts (if it comes to that) rather than criminal jurisdiction. This doesn’t mean that you won’t receive a court judgement against you and that a sheriff won’t come knocking one day, wanting to claim whatever he/she can of your possessions to offset the debt. But there are ways to avoid this also.

If your credit history is bad and you’re financially strapped, here is some advice that may help.

Firstly, compile a list of all bills and expenses you have. If you have credit card debt, summarize the balance, minimum payment amount and interest charges.

Now break your expenditure list into essential and non-essential payments. “Essential” means survival needs like food, electricity and rent or mortgage as the case may be.

Prioritise the “essential” things to be paid first. Anything left over can be distributed among the non-essential items. If a debt collector tries to harass you, don’t even think about using your survival money to satisfy them. The law is on your side here. If debt collectors become hostile or harass you, they are in violation of the law.

From now on, only spend money on essential things. If you have other people you’re taking care of beside children, they should be asked to contribute something towards living expenses. Or if not, perhaps they have a skill they can use to help save money (e.g. do repairs, mend clothes, run errands)? They may even be able to develop a hobby into a small money making venture, to supplement the family income.

Debt problems can be very stressful and if unresolved, make life a living hell. But you can take control by working out a plan and educating yourself about how the law works to protect your rights. Knowledge is power!

Divorce Tips For Men – 3 Surefire Ways to Get the Best Possible Lawyer

If you are thinking of commencing divorce proceedings then before you do anything you need to find a good divorce lawyer to act on your behalf. As you will soon discover there are plenty of good lawyers around but not all of these are suitable for helping you to deal with the complexities of divorce. In this article we offer some divorce tips for men that could ensure that they find a great divorce lawyer.

Tip 1 – It is important that as this is such a stressful time you need to find a lawyer who will remain calm throughout the proceedings. So interview several and deal with the one who you feel most comfortable with discussing personal issues regarding your marriage. Also look for a lawyer who is going to be willing to spend time answering your questions and understands how important it is you get the best divorce settlement possible.

Tip 2 – As well as the lawyer understanding the intricacies and complexities of divorce laws you need one who is going to be honest with you. The only ones that can truly be honest are those who understand the various laws relating to divorce and how they can affect the outcome of yours. Ideally you should choose a lawyer who specializes in divorce proceedings as they will be able to help you cope with the stress that such proceedings will place you under more easily.

Tip 3 – Of course the other thing one needs to take into consideration when trying to find a good divorce lawyer is your budget. If you are at all worried about paying their fees then look for someone who instead of charging you by the hour will charge a flat rate, but make sure they tell you what services they provide for this fee.

When You Are Planning To File For Bankruptcy, Remember To Get Hold Of The Best Bankruptcy Lawyer

Today as the world economy is in doldrums there are thousands of people and thousands of businesses that are up to their nose in debt and this seems to be one of the most common phenomenon these days. You have the creditors knocking on your doors and sending papers that inform you that you are yet to pay your interest on the money borrowed and it reaches a stage when it is simply harrowing. When you find that you have absolutely no way to pay even the interest of your debts then the most ideal thing would be to file for bankruptcy or insolvency. In order to do that, the first thing that you will necessarily have to do is find yourself a good bankruptcy lawyer. In fact they are the right people who can help you about the course of action that you will be required to take and the best means of eliminating your debts.

Frankly bankruptcy is a very painful, mentally strenuous and laborious process and searching for a really good bankruptcy lawyer is no mean task, more so because with the number of bankruptcies being filed today there are plenty of fraudulent people who are just waiting to take advantage of your situation and your ignorance. But at the same time there many really good attorneys who will meet up with or talk to you over the phone and offer you a free first consultation.

They can weigh the pros and cons of your situation and decide whether they will or will not accept you as a client and whether filing for bankruptcy is the best option available to you. What is most important is that you should feel that you can trust the man and that you are completely comfortable with him. Moreover ensure that you will be dealing with a person or a firm that specialize in bankruptcy. A good attorney will be one who will fight for you and your rights and offer you salient advice on money matters and details regarding your assets and properties. They should be people who will help you as far as possible to protect you in all ways.