Not exact matches
For
whatever reason (and there are many) you have
accumulated more
debt than you can handle and you need to find a way out.
So, if it costs them more to live than they've got coming in and they're
accumulating more
debt and
whatever solution I come up with to deal with the
debt isn't going to work because the
debt's just getting bigger every month.
If I've got some
debts that have been around for a while, I've now
accumulated some money maybe, I got a severance payment from work, maybe my mother is willing to give me the money,
whatever.
If you can convince the IRS that you're unable to pay
whatever back taxes you owe, and they trust that you're going to make good on your
debt as soon as you're able, then you'll be able to earn a deferment that gives you the breathing room to build up your finances without any additional penalties, fees or fines
accumulating on your
debt.
Equitable division laws give the court the power to order
whatever the court feels is fair given your individual circumstances, and community property laws require the court to divide the assets and
debts accumulated during the marriage 50/50, with some exceptions.