If you are a regular reader of this blog in Florida or elsewhere, you might already know a good deal about national and state laws focused upon debt relief. Concerning bankruptcy, for example, many people are familiar with legal concepts like the "means test" and the "automatic stay" that are central to the bankruptcy process.
Following is a hypothetical that many good-hearted persons with sterling financial histories and impeccable credit ratings might want to duly consider. The fact pattern is quite common and can unquestionably be verified by many people for whom its presentation is far more than theoretical.
No reasonable person in Florida or elsewhere in the country would call the lending industry uncreative.
Media reports are noting that legislation passed on Capitol Hill in 2007 that focused on providing desperately needed relief for millions of American homeowners will likely expire at the end of the year.
An Avvo survey recently found that the single item spouses considering filing for divorce fear is the expense. In fact, 58 percent of individuals filing for divorce without children claim that this is their number one fear. For those without children, concerns over child custody are understandably number one, with divorce costs close behind.