My Mom Racked Up Tons of Debt in My Name — and Ruined My Credit

My Mom Racked Up Tons of Debt in My Name — and Ruined My Credit

I had a very challenging upbringing. My parents got married very young, and they have been divorced since I was six months old. My mother has not been a source of stability, and she has a very tumultuous financial life. In 2005, my mother lost her house, and from then on, she began a downward spiral financially. She never wanted us to think something was wrong, so she lied about everything. I eventually found out, piece by piece, about her financial destruction, and it broke my heart.

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How to Handle Your Finances After a Layoff

How to Handle Your Finances After a Layoff

Even in good economic times, no one is 100 percent safe from the threat of a pink slip. Unemployment is well below its Great Recession peak, but there’s a dark cloud on the horizon: U.S. layoffs are on the rise. In the last half of 2015, we saw the largest increase in big-company layoffs since 2009. 2016 began with January job cuts that soared twofold from a year earlier. And some economists say we’re overdue for a recession.

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What to Do if You Can’t Pay Your Tax Bill

What to Do if You Can’t Pay Your Tax Bill

We’re closing in on Tax Day, which means some of us are handing over a sizable sum to our best friend, the IRS. But what happens if you simply don’t have the money to pay your tax bill? First and foremost, file anyway. Your bill won’t even come for a month, so if it’s an issue of waiting for a paycheck to come through, take a deep breath. But if you need more than 30 days, you’ve got options.

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