If you've recently lent your car to a friend or relative, only to have it returned damaged (or returned to a scrapyard on the back of a tow truck), you may be wondering about your next steps. How can you pay for a new vehicle or arrange transportation while you wait for your vehicle to be repaired? What if your friend was at fault and caused damage to another vehicle? Is there anything you can do to minimize your future insurance costs?
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No matter what your current financial status, you can expect a divorce to have a noticeable impact on your finances. It's to be expected when you're dividing one household into two. However, you can lessen the impact during and after the divorce by making smart financial decisions during the divorce process. It can be tough to know what the right moves are in an unfamiliar situation like a divorce. Here are a few tips that can help you save money on the divorce process and maintain a better financial position once the divorce is final.
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If you are currently thinking about getting a divorce, there's no doubt that one of the things that concerns you the most is your finances. Your fears are not unfounded. As many as 1 in 6 Canadians will file bankruptcy at some point. According to Starting Over, one of the most common reasons for filing bankruptcy is divorce or breakdown of a marriage. The most important thing you can do to avoid needing to file for bankruptcy after your divorce is to plan ahead before you begin the process of getting a divorce.
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Shock and surprise at the reading of a will is a common plot device in books and movies. In fiction, wills often reveal shocking secrets, rehash old grievances, and inexplicably exclude children, family members, or friends who were seemingly close to the deceased. In reality, most will readings are nowhere near that dramatic. However, occasionally it will happen that the loved ones of the deceased feel that something is wrong with the will.
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No parent wants to receive a phone call telling them that their child has been arrested. Unfortunately, in Canada as in everywhere else, some unfortunate parent is receiving that call every day. If your child has been charged with a crime, you're probably feeling overwhelmed, but don't worry. With a little understanding of the justice system and how it handles children and teens, you can hopefully get your kid out of trouble without a criminal conviction.
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