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Are you worried about your home going into foreclosure?

The idea of losing a home can be devastating. Though most people buy a home with the intention of making payments over the years, some people can end up falling behind. You may have recently found yourself facing difficulties with your finances, and you feel worried that your house will end up on the line.

Your concern is valid as missed payments could easily result in your house going into foreclosure proceedings. After all, your mortgage lender expects your monthly payments, and if you do not make them, your lender will want to collect.

5 documents for a complete estate plan

You are not alone if you know how important it is to have an estate plan but have no idea where to start. Creating an estate plan, even starting with a simple will, can give you the peace of mind of knowing that your family will have some security when you are no longer around.

However, a will is only a small part of that security. In fact, even a will can leave confusion or frustration if one does not execute it according to Tennessee probate laws. Additionally, a will may not always answer critical questions your loved ones may have in your final days. With the guidance of an attorney, you can create an estate plan that can cover as many bases as possible.

Unexpected events can -- and often do -- lead to financial issues

You may have always thought that you would never end up in a situation where you accumulate a substantial amount of debt. You may have saved, budgeted, splurged now and then, and generally stayed on top of your financial matters. Of course, money problems can affect anyone, and even if you do your best to manage your spending, unexpected events can contribute to debt issues.

You may have felt like your life was moving forward steadily and suddenly felt things going off the rails. Like some, you may have tried to ignore the problems for some time or felt that you could get matters back on track on your own. Now, however, you feel that you need to obtain some type of debt relief help.

What does it mean to receive a bankruptcy discharge?

Your financial struggles reached a point where you could no longer keep up with the payment of your debts. Creditors and debt collectors may be calling you daily demanding payment. Your stress levels are at an all-time high, and you need some relief.

You consider filing bankruptcy but aren't sure about it. Perhaps one of your biggest questions is what it means to receive a discharge. How does this help you? Will all of your debts go away?

How to ensure your divorce is uncontested

Going through a divorce is never easy, even if you knew it was coming, or you've prepared for it for years. Coming to the realization that your marriage is over can cause a lot of pain, stress, anguish and other emotions. One way to make the divorce process less stressful is to work towards an uncontested divorce with your spouse. Here are a few tips to make sure this happens when you file for divorce in Tennessee.

The best way to achieve an uncontested divorce is to have zero remaining disagreements with your spouse regarding issues from the marriage. The disagreements could involve child custody, child support, alimony and the division of property and other assets.

How you can make the phone calls from debt collectors stop

One of the many negative consequences associated with owing a significant amount of debt is experiencing a lot of contact from creditors. This may come in the form of phone calls, letters, bills and more. In some cases, contact from some creditors may go over the line, resulting in what is actually creditor harassment.

No matter how much debt you have, you do not have to endure creditor harassment. In fact, certain laws protect you against this type of treatment. If you have a lot of debt that you are unable to manage on your own, you are probably already facing a significant amount of financial stress. This only gets worse when you are constantly experiencing harassment from creditors. It's in your interests to learn about what qualifies as creditor harassment and how you can make it stop.

Common reasons spousal support payments can be changed

Spousal support, also referred to as alimony, is a set of payments made by a former spouse to their former spouse once a divorce has been finalized. These payments do not last a lifetime. They are only made to help the recipient pay for bills or go back to school while they get their life back in order. They are considered rehabilitative payments. The amount of these payments can be changed due to any of the reasons mentioned below.

If the person responsible for making the alimony payments has gone through any of the following changes in their life, the amount can be changed at the request of the court:

  • A new child has been born to the payer
  • The payer lost their job or was demoted
  • The payer suffered an injury or disability that prevents them from working

Explain your estate plan to adult children

Creating an estate plan is one of the most important parts of life. This plan protects not only you but your assets, your spouse, your beneficiaries and your property when you die or become incapacitated. Reviewing your estate plan every couple of years is a great way to make sure what is expressed in the plan is still your preference. If you have adult children, it is important to explain the wishes outlined in the plan as soon as possible.

It's a good idea to explain what is in your estate plan, so your adult children have an understanding of your wishes and what they can expect when you pass away. For example, inform each adult child how and what they will be inheriting money and assets, so they are not surprised upon your death.

How to make shared custody work for all involved

Have you come to an agreement on shared custody with the other parent of your children? If so, there needs to be a lot of "give and take" in this relationship in order to make shared custody work for all those who are involved. It might get off to a rocky start, but the harder you work in the best interest of your children, the more successful the situation will be for everyone.

You need to create an agreement that takes your child's needs, activities and age into account. Their lives are the focus of this agreement. If you cannot take them to sports games, pick them up from activities after school or get them to doctor's appointments because of work, you should not be agreeing to a schedule that makes you responsible for these things.

Debt settlement may not be the solution you hoped for

If you are struggling with overwhelming debt, your mind may be full of questions and worries about your future. Falling behind on your debt payments can be a scary thing, and you are probably dealing with warning letters in the mail and humiliating phone calls that demand payment.

During this stressful and confusing time, you may be looking for any port in a storm, and this is what makes many in Tennessee vulnerable to the lure of ads that promise to settle your debts quickly and inexpensively. If you are considering turning your debts over to a settlement company, you should take some time to investigate all your options and learn as much as you can about how the debt settlement industry works.

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