No matter how much advice you give to your children, there comes a day when they have to make their own decisions. It is not uncommon for children to get into financial trouble in their 20s. If your child has made a series of bad financial decisions that have led them towards bankruptcy, they may be considering chapter 7 bankruptcy. If their finances have come to the crossroads of filing for bankruptcy, they may be looking for your help and advice again.
If you've been in an accident and have found that health problems you already had have gotten worse, you may find that the other party or your insurance company is trying to reduce the settlement or reimbursement amount you can get. It's not unusual for the other parties involved to try this by claiming that you wouldn't have been affected as badly had you not had the preexisting health problems, and that the other parties shouldn't have to pay you as much because of that.
Determining whether or not your child qualifies for disability benefits can be challenging. While you, as a parent, know without a doubt your child is struggling with certain issues that would make it hard on him or her to function normally in society, getting the social security administration (SSA) to see it as well can be tough. Learn more about how the SSA uses six areas to determine whether or not your child is eligible for disability benefits, even if your child's medical or mental problem is not in the listing the administration usually follows.
Family businesses are a time - honored tradition. A business that is built on a family's dedication to helping each other succeed and paving the way for future generations to take over can be quite powerful. However, as with all family interactions conflicts will inevitably arise. If these conflicts are severe enough, you just might need a family business mediator to smooth things over. This is the process involved in resolving conflict using outside help.
If you feel you can't afford you mortgage anymore, a short sale is one way to get relief. A short sale involves selling the home for less than its current value. A short sale must be approved by the lender, who agrees to cancel the primary mortgage without expecting full payment. However, lenders often say no to a short sale. Here are some tips on handling a short sale decline.