Now You Are 18 : Your Legal Rights And Responsibilities As An 18-Year-Old 2004
Now You Are 18 : Your Legal Rights And Responsibilities As An 18-Year-Old 2004
Montana.Office of Public Instruction
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Some deadlines are very short. If you think you have a possible claim or lawsuit, you should promptly talk with a lawyer and ask what time limit applies. What can I do if I owe more money than I can pay? Some alternatives include working out agreements to pay your debts back over time, consulting a consumer credit counselor, taking out a new loan to pay back existing debts, and bankruptcy. What are some of the consequences of bankruptcy? Bankruptcy is a formal court proceeding. It is quite comp...licated. The result is that your assets maybe taken (except for certain protected items) and most debts are canceled. Debts that are not canceled include: • debts obtained by fraud; • taxes; • debts that were not reported to the bankruptcy court; • debts for intentional or malicious injury to people or property; and • school loans. Bankruptcy can have a bad effect on your credit rating, making it harder for you to obtain a loan in the future. Employment Must an employer give employees a written contract?
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