While Australia is still seeing students
accumulate debt, Harker believes a plan like this one can have a
real impact for American student borrowers.
The issues that are typically addressed in mediation are issues related to children: legal custody and residential custody, visitation, child support, allocation of college expenses for the children, health insurance, life insurance; alimony and spousal support; division of
real property, including the family home; division of tangible personal property including motor vehicles, boats, furniture, furnishings, art work, etc.; disposition of other property
accumulated during the marriage, including bank accounts, investment accounts, pension / profit - sharing / retirement accounts, etc.; payment of credit cards and other
debts, and tax matters including decisions relative to filing joint or separate tax returns and claiming the children as dependency deductions.
In
real money in your pocketbook, this means 99,000 CREA members will take home NO MONEY this year and in fact will be
accumulating excess
debt through the required use of Commission Advance Services, Credit Cards, Lines of Credit and Unpaid Brokerage Fees.