For those young folks out there, this quote comes courtesy of Mick Jagger and the Rolling Stones. It could have been written for divorce law. Anyone who has been through a divorce does not need me to tell them that it is tough, taxing on your emotions, time, and money. As two households cost more to maintain then one, almost everyone who gets divorced has to make do with less, less income to meet expenses, fewer possessions as they are being divided up with their spouse, less time with the kids. Divorce is about fairly sharing the sacrifice, not about keeping everything that you had during the marriage. When both spouses understand that they cannot get everything that they want, what they had before the process is usually faster and easier. When people go into the process expecting everything they do not get it, and waste alot of time and money trying.
Will I lose everything in Chapter 7 bankruptcy?
Chapter 7 bankruptcy helps erase debts when you cannot pay them and give you a fresh financial start. However, many people think of bankruptcy as losing everything. Fortunately, Minnesota laws protect essential assets. Confidence comes from knowing your rights—learn...