Bankruptcy is a scary word, but it also brings a feeling of helplessness when you see your parents struggling in retirement. If they are living beyond their means, then it is possible that their creditors will start to circle looking for repayment. Bankruptcy while working is hard enough, but how does bankruptcy affect those who are retired? There are two things you need to know so you can support your parents during their time of need.
Australia has a program to compensate victims of crimes for property loss, medical costs, and other such financial hardships. It's imperative that anyone who has suffered a loss due to a crime find out about this program so that they can be compensated as much as possible. Note a few questions you might have about this program so you can know if it would benefit you.
1. Why hire a lawyer for compensation?
If you have rented out a residential property and one of the renters has a habit of failing to pay his or her monthly rental payments, the next obvious step is to evict that tenant. Unfortunately, many landlords don't handle the eviction in the right way and commit a host of mistakes. This article highlights some of the common blunders landlords or property managers commit during evictions and what you should do instead.
If you are contacted after the death of a family member there are a few legal matters that need to be resolved quickly. Here are some questions that you should ask.
Is there a will?
While many people die intestate, or without a will, it's important to check if your relative did have a will. Not only do wills give some guidance on inheritance they also often give guidance on who should administer the will and what the person would like done with their body after death.
Buying or selling a home is probably the biggest financial transaction you'll be involved in. It comes with a lot of excitement, but it is also not without its stresses. You can especially feel like the conveyancing process takes forever, mostly because you don't know exactly what goes on behind the scenes. The following paragraphs highlight some of the most important questions asked by conveyancing clients, together with tips to make the process easier and faster.