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April 2020 Archives

How a Texas divorce could affect your net worth

Those who decide to file for divorce tend not to be thinking from a financial perspective when doing so. In the majority of cases, a divorce is filed because at least one spouse believes that they will be happier when they are no longer in the marriage. While it's true that a newly divorced spouse is likely to become happier in the long term, it does not mean that they will be financially better off.

Do I need to have a cohabitation agreement?

If you are living with your partner but you are not legally married, you may wonder about what your rights would be in the event that your relationship breaks down. If you do not officially own the property that you live in, but your partner does, for example, you may worry that you will have nowhere to live and no right to the home that you have together.

How can bankruptcy help me avoid foreclosure?

If you have been unable to pay your mortgage obligations for some time, this means that you'll likely be facing foreclosure proceedings. Foreclosure means that your lender is taking action to cease possession of your home so that they can gain back at least some of the debts they are owed.

How to gain control and stop foreclosure

If you are going through a difficult financial time right now, you may be struggling to keep up with your mortgage repayments. Incidents such as a sudden job loss or an unexpected illness could heavily impact your cash flow, and as a result, you may be worried about how you will pay your bills.