The bankruptcy world played a quiet but significant role in bringing about this controversial $26 billion settlement. So, fittingly, the settlement terms require the banks to make significant changes in their behavior in bankruptcy court.
Most of the $26 billion or so in this national settlement is designed to help current homeowners keep their homes. But $1.5 billion of it will go to about 750,000 who have already lost their homes to foreclosure. That’s about $2,000 each.
Taking care of an elderly parent can be a complex task, especially when it comes to finances. Most families disregard the subject of finances and avoid talking about it until the time comes when they absolutely have to. However, there may come a time when your parent will not be able to make his/her own…
A power of attorney is a document that a person signs in order to give another person control of managing their financial, medical, legal and/or business affairs if there comes a time they are unable to. A power of attorney can be temporary, such as handling the affairs of someone while they are out of…