The terms “bail” and “bail bond” are often used interchangeably. Bail and bail bond services exist so you can be released from jail after you have been arrested and the court has set bail. However, a bail bond service might be required. Understanding Bail Bail refers to the total amount of money you owe. In some cases, you might not be offered bail; in others, you may receive a cash-free bail.…
Read More »When you are pulled over and arrested on a charge of operating a vehicle while intoxicated, you could face serious legal and financial consequences if you are found guilty. Your entire future could be at stake, and you could lose your job and freedom as a result. You do not want to risk going to jail or paying expensive fines, particularly if you believe your blood alcohol content was under the legal limit.…
Read More »When struggling with debts, many people turn to borrowing money from friends or family. But what happens to those borrowed amounts if you end up filing for bankruptcy protection? Should you formalize your family loans? To help you and your family or friends decide on the best course, here are some answers to your questions. How Are Personal Loans Treated? In a bankruptcy, all creditors are treated as official lenders on equal footing with their peers.…
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