Not exact matches
Mostly, that's because the richest
households tend to hold most of their wealth in financial
assets, whose value increased rapidly after the downturn,
while poorer folks have a much larger share of their net - worth tied up in real estate, whose value didn't bottom out until the end of 2011, Pew researchers note.
But
while the value of real estate and equities plunged, the debt incurred to acquire those
assets remained, leaving
households very highly leveraged.
In the latest programme, designed to see whether the intervention would work elsewhere,
households were given
assets such as goats, sheep or chickens to start farming, or the means to open a shop, and then supported with food, cash, a savings account, and access to health care
while they were getting their activity up and running.
While there are exemptions that allow you to keep
assets like most
household furnishings, clothing and a car valued at less than $ 6,600, if you have significant equity in your home (beyond the seizure limits set by Ontario exemption laws) or investments, bankruptcy may not be your best option.
While household debt increased, a rebound in financial
assets helped drive
household net worth in the quarter by 1.6 per cent to $ 9.479 trillion.
While the broad definition of resources includes everything that you own, the SSA has a wide range of excludable
assets, including your home, one vehicle, burial plots,
household goods and business property.
The more traditional methods of settlement negotiations are built to fit all kinds of legal disputes,
while collaborative divorce proceedings are designed specifically to help families transition from one
household into two, with as little damage as possible to the family
assets and savings and with as little trauma as possible to the children.
The U.S. savings rate might also improve since higher rates would attract
household deposits
while discouraging investment in
assets such as cars and houses.