Divorce terminates a couple's marriage. In Virginia, legal separation, in which spouses live apart, but remain married, is a "divorce from bed and board." An actual divorce in Virginia is called a "divorce from the bond of matrimony." The filing spouse, called the plaintiff, must establish residency
A 2011 survey by the Consumer Federation of America found that people who obtained their credit score were more knowledgeable about how credit scoring works than people who did not. You can obtain a free copy of your credit report, which provides the information used to calculate a credit score, but
A U.S. savings bond is a secure, low-risk saving method that earns interest and still protects the investor from inflation. Sold at face value, the bonds are redeemable after a period of time and will continue to accrue interest for as long as 30 years. If your bonds are lost, stolen or destroyed, y
Credit cards are a popular and useful form of payment, but the number of cards available can make it difficult to select the right one. Features range from rewards programs to credit limits and borrower policies, all of which can prove useful to the right users but cause overspending or inconvenienc
The Illinois Department of Employment Security is responsible for administering the Illinois Unemployment Insurance Act or Code Section 500 within the Illinois Administrative Code. Applicants who are no longer working or partially employed can claim unemployment benefits for up to 26 weeks, and they
Since the introduction of the 401(k) retirement plan in 1978, investors have saved more than $3 trillion dollars in these tax-deferred accounts. Many employers even match a percentage of the pre-tax amount employees put in the plan to help stimulate interest and retain the employee. Occasionally, ho
The 28 Percent Monthly LimitMost lenders do not want a borrower's mortgage expenses, including the mortgage insurance premium, real estate taxes and homeowner's insurance, to exceed 28 percent of monthly income, according to Bankrate.com. Most lenders use pretax income rather than...
You must consider your options carefully when withdrawing money early from your pension. You may get hit with a 10-percent tax penalty from any early withdrawal before the age of 59 1/2. The only exceptions to this penalty are if you have been laid off or you leave your job at the age of 55. Anothe
12-sided dice are great for teaching children counting to 12 and can be used for older children's addition and multiplication drills. While most dice are made out of plastic, you can make one at home out of cardstock or even paper.
If you owe money to a creditor, that debt can follow you in multiple ways. Unpaid debt may appear on your credit report and affect your ability to get new credit. In addition, the creditor may decide to go to court to collect those funds. If you have debts, it's wise to understand how a levy on your
Home foreclosures have long-term consequences for your credit rating, and the impact of a mortgage foreclosure can haunt you for years. Nobody imagines the day when their lender takes back their property. But if you are unable to pay your mortgage loan due to loss of employment or reduced income, le
Everybody wants to save money, which makes coupons an ideal aspect of inexpensive living. Coupons allow shoppers to spend less money on items that are necessities, or items that shoppers would purchase anyway, as well as aiding those on a budget who want to try new products for less. A few helpful h
Many organizations offer scholarships to students of Native American heritage. Some scholarship programs are open to all students of Native American origin. Others may be limited to members of specific tribes, to residents of specific states or regions or to students studying certain disciplines. Ma
ChexSystems is a reporting system that most banks use to report customers who owe them money. ChexSystems does not offer accounts directly to individuals, but if you have an account with a bank, your activity and use of that account are reported to ChexSystems. Some retailers also use ChexSystems to
People have certain ways of doing things like paying bills, drinking bottled water and eating lunch out. By changing just a few old habits into a new way of thinking you can put extra money ...
Portfolio risk is the possibility that an investment portfolio may not achieve its objectives. There are a number of factors that contribute to portfolio risk, and while you are able to minimize them, you will never be able to fully eliminate them.
Managing a monthly budget can be a stressful experience for many people. For years, Americans often spent more than they earned. Then came the Great Recession, and families began to cut back. According to the Bureau of Labor Statistics (BLS), which tracks consumer spending, the average family spent
Individual retirement accounts provide tax-sheltered growth and other tax savings to people wanting to put aside money for when they retire. However, the Internal Revenue Service restricts the maximum amount that people can put in an IRA on an annual basis. If you fail to make the contribution by th
If you earn a low income in King County, Washington -- for instance, the minimum wage of $8.55, as of January 2011 -- you might have trouble keeping your housing expenditure at or below 30 percent of your income. According to the National Low Income Housing Coalition, 30 percent of a full-time minim
Many individuals and families struggle with the ability to pay their bills in time and endure the stress of having needs met on a daily basis. Although government grants do not provide funding for an individual's bills or debt, you may consider requesting financial assistance through private foundat