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The hardship clause is sometimes used in relation to force majeure, particularly because they share similar features and they both cater to situations of changed circumstances. The difference between the two concepts is that hardship is the performance of the disadvantaged party becoming much more burdensome but still possible.
Follow these steps to help soften the impact of an unexpected hit to your finances.
Hardship may refer to: Hardship clause, in contract law; Hardship post, in a foreign service; Extreme hardship, in immigration law; Undue hardship, in employment law ...
A hardship withdrawal allows the owner of a 401(k) plan or a similar retirement plan — such as a 403(b) — to withdraw money from the account to meet a dire financial need.
Students may be eligible for deferment while experiencing financial hardship or unemployment. [4] The lender may require valid proof of financial hardship and other financial information when the student applies.
What will these changes mean for my family and finances right now? 🔍 Is a financial advisor worth it for retirement planning? ... You can avoid an early tax penalty if you make a hardship ...
In the United States, federal assistance, also known as federal aid, federal benefits, or federal funds, is defined as any federal program, project, service, or activity provided by the federal government that directly assists domestic governments, organizations, or individuals in the areas of education, health, public safety, public welfare, and public works, among others.
When you're facing tough financial times, it can be hard to see a way out. Whether you're drowning in student loans, in a neverending cycle of credit card debt, going through a transition like a...