Prescription: The law cannot compel one to do the impossible
The prescription of debts is usually unwavering in its applicability and the unenforceability of a prescribed debt is often viewed as a harsh, but necessary practice.
Voluntary Surrender vs. Compulsory Sequestration: Understanding the Difference
There are two types of sequestration: voluntary surrender and compulsory sequestration. While both options can provide relief from debt, they differ in terms of the process, consequences, and benefits.
Let’s talk about marriage and money…
When you plan your wedding, the last thing you want to do is talk to your one and only about your debt, or what would happen if your soon-to-be marriage would end.