| Other Added |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Relationships > Divorce > Divorce and Credit |
|
Other Added - Divorce and Credit
Stress and Debt - Examining the Link ed.We all know the symptoms of stress: irritability, difficulty sleeping, tense or sore muscles, and depression are some of the most well-known effects. The first step to alleviating stress is to identify the sources. Let's examine the link between stress and an all-too-common cause: debt.Being in debt is literally like carrying a load on your back. Just as hauling around weight on your shoulders wears you out and causes Linda moved to Florida and got a job as a, school teacher, here in the area. She wanted to buy a house so that the kids could have a home. Lo and behold! She gets a notice that Ford Motor Credit is suing her for the deficiency balance on the Ford truck that they repossessed from Outdoor Bob. The deficiency was over $5,500.00 Even though the Judge instructed Bob to make the payments, he didn’t. The judge never thought to check with Ford Motor Credit to see if they would a Article Submission Whassup? What does it mean?If you are not submitting articles to article directories you should start now.I had been online for several years and always heard that you needed to submit articles. Of course I never did for the fact that I didn’t have a clue about search engine optimizations and since I didn’t, I really had no need to submit articles.Boy was I wrong! In fact I don’t know if I have ever been so wrong in my life :) To this day I cannot remember how many single mom’s came to us after the divorce and were totally devastated because they didn’t know what was ahead. Lets put ourselves in a courtroom during a divorce hearing. We have basically (2) or (3) potential blooming idiots getting ready to prove their stupidity. You guess who these “stars of the show” are. Well, lets quit the smokescreen and I will tell you. Sometimes it is (1) attorney, sometimes it is (2) attorneys and sometimes it involves the Judge. In this particular case, here is poor little “Linda” getting a divorce from “Outdoor Bob”. Prior to their marriage, Linda had perfect credit and Outdoor Bob, being a rascal, had ziltch for credit. Linda was told by Mom and Dad, don’t marry that bum. Well, love prevailed and they got married. Outdoor Bob, needed a truck to go to work. Linda went with Bob to the local Ford dealer and bought a new Ford pickup. Linda had the credit so the loan was in her name. About six months later, Bob started to stop off on Friday at the local saloon to cash his paycheck. Sure enough, there was a dart board there and a few of the guys started tossing darts for beers. Bob was pretty good and they invited him to be on the local dart team. This meant practice on Tuesday and Thursday night with tournaments on Fridays. Well, Linda got fed up with this malarkey and arguments started. Soon a divorce was the only solution. Linda’s parents were the old fashioned “ I told you so” type of folks. They did not get into the middle of the squabble. When they went to court, the lawyers agreed that Linda would get the kids and Bob needed the truck to get to work so he could pay Linda. Sounds logical, but dangerous. The Judge NEVER instructed anyone to find out “who was on the loan” but simply awarded the truck to Outdoor Bob. As long as he kept his carpenters job, he could make the payments. Everyone was satisfied. Linda moved to Florida and got a job as a, school teacher, here in the area. She wanted to buy a house so that the kids could have a home. Lo and behold! She gets a notice that Ford Motor Credit is suing her for the deficiency balance on the Ford truck that they repossessed from Outdoor Bob. The deficiency was over $5,500.00 Even though the Judge instructed Bob to make the payments, he didn’t. The judge never thought to check with Ford Motor Credit to see if they would ac How To Manage Your Credit Card Debt neys and sometimes it involves the Judge. In this particular case, here is poor little “Linda” getting a divorce from “Outdoor Bob”. Prior to their marriage, Linda had perfect credit and Outdoor Bob, being a rascal, had ziltch for credit. Linda was told by Mom and Dad, don’t marry that bum. Well, love prevailed and they got married.Everyone loves to lead a comfortable life. However it may not be that easy to purchase a house, vehicle, etc all on your own. As a result, people may be forced to take debts. If one does not manage his finances effectively, these debts can easily go on accumulating and spiral out of control. If the debts just keep on rising one has no other option other than to file for bankruptcy. In order to avoid such a situation, debt manage Outdoor Bob, needed a truck to go to work. Linda went with Bob to the local Ford dealer and bought a new Ford pickup. Linda had the credit so the loan was in her name. About six months later, Bob started to stop off on Friday at the local saloon to cash his paycheck. Sure enough, there was a dart board there and a few of the guys started tossing darts for beers. Bob was pretty good and they invited him to be on the local dart team. This meant practice on Tuesday and Thursday night with tournaments on Fridays. Well, Linda got fed up with this malarkey and arguments started. Soon a divorce was the only solution. Linda’s parents were the old fashioned “ I told you so” type of folks. They did not get into the middle of the squabble. When they went to court, the lawyers agreed that Linda would get the kids and Bob needed the truck to get to work so he could pay Linda. Sounds logical, but dangerous. The Judge NEVER instructed anyone to find out “who was on the loan” but simply awarded the truck to Outdoor Bob. As long as he kept his carpenters job, he could make the payments. Everyone was satisfied. Linda moved to Florida and got a job as a, school teacher, here in the area. She wanted to buy a house so that the kids could have a home. Lo and behold! She gets a notice that Ford Motor Credit is suing her for the deficiency balance on the Ford truck that they repossessed from Outdoor Bob. The deficiency was over $5,500.00 Even though the Judge instructed Bob to make the payments, he didn’t. The judge never thought to check with Ford Motor Credit to see if they would a Instant Loans Cash- Keeps Finance in Order Till the Next Financial Replenishment loan was in her name. About six months later, Bob started to stop off on Friday at the local saloon to cash his paycheck. Sure enough, there was a dart board there and a few of the guys started tossing darts for beers. Bob was pretty good and they invited him to be on the local dart team.There is a tendency among people to keep their resources in a form that is not easily cash convertible. The arrangement holds good till the individual is faced with an exigency involving cash. This is the time when the individual is led into a tight spot; with little hope from ones own personal resources because they will take time to be converted into a liquid state. Instant loans in cash form will be the need of the time.< This meant practice on Tuesday and Thursday night with tournaments on Fridays. Well, Linda got fed up with this malarkey and arguments started. Soon a divorce was the only solution. Linda’s parents were the old fashioned “ I told you so” type of folks. They did not get into the middle of the squabble. When they went to court, the lawyers agreed that Linda would get the kids and Bob needed the truck to get to work so he could pay Linda. Sounds logical, but dangerous. The Judge NEVER instructed anyone to find out “who was on the loan” but simply awarded the truck to Outdoor Bob. As long as he kept his carpenters job, he could make the payments. Everyone was satisfied. Linda moved to Florida and got a job as a, school teacher, here in the area. She wanted to buy a house so that the kids could have a home. Lo and behold! She gets a notice that Ford Motor Credit is suing her for the deficiency balance on the Ford truck that they repossessed from Outdoor Bob. The deficiency was over $5,500.00 Even though the Judge instructed Bob to make the payments, he didn’t. The judge never thought to check with Ford Motor Credit to see if they would a Project Management - I Want It ALL parents were the old fashioned “ I told you so” type of folks. They did not get into the middle of the squabble.The knee-jerk response to prioritizing requirements is to mark everything as a must-have . “I need everything before the product becomes generally available. I want it ALL!” Give me a break.Granted, if a requirement is written in the SRS, then it must be because you want it. But the reality is some features are more important than others and a good product manager can tell them apart.If everything is high priority, When they went to court, the lawyers agreed that Linda would get the kids and Bob needed the truck to get to work so he could pay Linda. Sounds logical, but dangerous. The Judge NEVER instructed anyone to find out “who was on the loan” but simply awarded the truck to Outdoor Bob. As long as he kept his carpenters job, he could make the payments. Everyone was satisfied. Linda moved to Florida and got a job as a, school teacher, here in the area. She wanted to buy a house so that the kids could have a home. Lo and behold! She gets a notice that Ford Motor Credit is suing her for the deficiency balance on the Ford truck that they repossessed from Outdoor Bob. The deficiency was over $5,500.00 Even though the Judge instructed Bob to make the payments, he didn’t. The judge never thought to check with Ford Motor Credit to see if they would a Get a Life and Maximize Your Marketing ed.As business owners or managers, it is easy to become very task-oriented. When we own the business and are in the growth years, it’s easy to fall into the trap of not allowing ourselves to “waste” precious time and energy on projects that don’t seem to have an immediate, direct bottom-line impact. After all, there are only so many hours in a day and one person can only do so much—right?Maybe not.By rediscovering h Linda moved to Florida and got a job as a, school teacher, here in the area. She wanted to buy a house so that the kids could have a home. Lo and behold! She gets a notice that Ford Motor Credit is suing her for the deficiency balance on the Ford truck that they repossessed from Outdoor Bob. The deficiency was over $5,500.00 Even though the Judge instructed Bob to make the payments, he didn’t. The judge never thought to check with Ford Motor Credit to see if they would accept Outdoor Bob as the new guarantor on the loan. They of course wouldn’t have done it anyway. After all, Bob’s credit was terrible. The end of the story is we were able to get the lawyer for Ford Motor Credit to accept a much lesser amount because he was trying to get a default judgment on his fees. That was illegal here in Florida, so with his hands in the cookie jar, he just wanted to get it over rather than have his name placed in front of the Florida Bar Assn. That’s the importance of knowing what to do in a divorce situation. This could have been averted IF the Judge had stipulated that Outdoor Bob would get the truck IF he qualified under the credit requirements of the lender. Divorced folks really do not have any place to go for guidance. Sure a good friend offers a shoulder to cry on, but the tragedy of having personal credit destroyed from a broken marriage is serious. In another article we deal with authorized users of a credit card. This is important after a divorce also. Thanks
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:Top Tips To Get That Promotion Why Would Anyone Do That in My Meeting? A Personal Loan Can Save Your Finances
|