Supplemental Needs Trust: What a Special Needs Fund Is and How to Set One Up
If you have a special needs child or family member, you might be wondering what kinds of actions you can take to secure income for your loved one. Luckily, there are a few accounts that you can get started in order to help your loved one receive the finances they need throughout their life. In […]
Financial Planning Resources for Special Needs Parents and Families
A parent with a special needs child might be concerned about what will happen after their child reaches adulthood. You might be wondering how you can best set up your child for success once they become independent. In order to achieve this, you’ll need to understand some key elements to your child’s finances, such as: […]
What Is a Bankruptcy Trustee and What Does One Do?
U.S. Trustee, bankruptcy estate, bankruptcy trustee — these are all terms that are often used in relation to U.S. bankruptcy cases. Some of them might even seem like they mean the exact same thing. However, they mean very different things in a bankruptcy case. In order to keep it all straight, we’re going to go […]
Bankruptcy Fraud: What Is Considered “Fraud” and What Are the Penalties?
If you’ve been looking into bankruptcy as a possible option to free yourself from debt, you might have run into some information about bankruptcy fraud. It’s perfectly normal to ask questions about bankruptcy before you file it. You might be wondering if you’re required to report all of your earnings and assets to the court […]
What Is Bankruptcy? Definitions for Each Chapter
You’ve heard of the term “bankruptcy” before, but you’re not perfectly clear on what it is or who it is for. Maybe you’ve looked into it, but you’re not sure if or when you should file for bankruptcy. Today, we’re going to take a closer look at the three most commonly used forms of bankruptcy […]
Bankruptcy Discharge: Chapter 7, Chapter 13, and Dismissed vs Discharged Debts
If you’ve looked into bankruptcy, you’ve likely heard the terms “discharge” and “dismissal”. In this guide, we’re mostly going to focus on what a discharge means in relation to your case and we’ll briefly discuss why it’s important to know the court’s definition of a dismissal. We’ll take a look at what kinds of debts […]