One thing to count on in life is that things will change. If you've been through a divorce -- and you have children -- then you understand more than most that life can take a 180-degree turn. For this reason, when you create a parenting plan in your divorce -- or when a judge creates one for you -- even though the plan must be followed, the plan is not immutable. In other words, you may be able to modify or adjust the plan if it's required.
A divorce begins with the filing of the divorce petition by one party. Next, the petition will be served on the other party. Finally, the other party will have the right to respond with an answer. In most cases, the other party has approximately 30 days to submit the answer.
Many Arizona homeowners have been able to delay their foreclosure proceedings -- and prevent the loss of their homes -- by filing for bankruptcy. This benefit may be received by filing for bankruptcy after it is clear that a foreclosure will occur. The bankruptcy then triggers what's referred to as an "automatic stay," which prevents all debt collection activities against you -- including legal actions like foreclosure.
You cannot ignore the necessity of a thorough estate plan that lets you transfer your wealth in the manner you see fit and carry out any philanthropic goals you have. To have this protection, many people create wills and trusts early in life. However, as the years go on, there may be aspects of your trust that you need to modify to better reflect current conditions. You need to follow proper legal protocol to ensure the state follows your wishes adequately after you pass.
Payment histories and how much debt you currently hold are the most important factors that could alter your credit score. Since a divorce can result in added expenses, it's important to watch these two factors as they apply to the amount of credit card and other debt you're currently holding.