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Parents sometimes worry about the effect an inheritance is going to have on their children. For instance, wealthy parents sometimes say that they think their children may “forget the value of hard work.” Perhaps their child has a lucrative career right now, but the...
Facing bankruptcy can make a lot of people very scared about their future. They often hear horror stories about how hard it is to rebuild credit, and many wonder if they’ll ever be able to buy a home. While bankruptcy is unquestionably a financial setback, it isn’t...
Bankruptcy is a legal process that people can go through when they face overwhelming debt. It can help people get back on track with their finances and look forward to the future again. However, bankruptcy is somewhat stigmatized and this is largely due to...