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Bankruptcy : Business & Finance
Can a Lawyer Take My Car Over Outstanding Debt?
If you owe money to a creditor, his options for collecting the debt are limited by the type of debt you owe. Most debts are not secured by property, so the creditor cannot take any of your property, even if he sues you for the amount of the debt. If your creditor's lawyer or a debt collector threate
Bankruptcy Debts
Debts can accumulate due to various issues. It could be high medical bills or other unforeseen circumstances that catch you when you are least prepared. When you are under an obligation to repay your debts ...
What to Do if You are Trying to Avoid Bankruptcy
If you are struggling with huge debt problems you are probably feeling very scared and uncertain about what to do. You may even be worrying about the possibility of going bankrupt. However there are a number of things that you can do to try and improve your situation that may enable you to clear you
Filing For Chapter 7 Bankruptcy To Get Out Of Debt
Chapter 7 Bankruptcy can provide the financial relief that many who are floundering in debt need. You can contact a financial lawyer to find out if you qualify and begin the process today.
Surviving Bankruptcy
If you have filed for bankruptcy then you probably know that you are one of millions who have declared bankruptcy. Because of the recent economic crisis, many people who normally would have great credit, have been forced into bankruptcy because of uncontrollable events.
How Can You Reduce Your Monthly Expenses On Insurance?
Studies reveal that an average American consumer ends up spending no less than $500 as monthly expenses for paying the premium of auto and home insurance and almost as twice this amount on health insurance premium, but all these can pose the greatest amount of stress on your finances which you must
Debt Consolidation Help
Do you fear the ring of the phone, worried that a collection agency might be on the other end? You're not alone. According to a study by the Nilson Report, the average credit card debt for households with at least one credit card stood at $10,679 at the end of 2008. Fortunately, there are safe and e
What Are the Benefits of Debt Relief?
If you are facing a mounting hill of credit card debt, you also may have noticed the array of debt relief and debt management options available to help you address this problem. Although there are many caveats that should be explored before blindly jumping into a program that promises to eliminate
Why Is Consumer Debt Bad?
According to a 2009 Nilson report, consumer debt in the United States totaled approximately $972 billion dollars at the end of 2008. For many Americans, consumer debt carries a significant financial and emotional burden.
Bankruptcy Lawyer California- Assistive Info For Nyc Bankruptcy Lawyer
If you are considering making a bankruptcy filing, you should first debate all options available with an insolvency counsel. There are many options to be explored before one files insolvency, and a bankruptcy barrister can ...
Tax Breaks for Married Couples Selling Their Home
The Internal Revenue Code includes a number of provisions that provide married couples special tax breaks that are unavailable to unmarried taxpayers. One provision in particular can substantially reduce a married couple's tax bill when they sell their main home. However, there are additional eligib
How Bankruptcy Myths Hurt Credit Worth Rebuilding
There are many bankruptcy myths that have misled people. Some have ended up being in a worse financial situation than they were before filing for bankruptcy. The myths are very enticing and may look like the real deal.
4 Reasons You Don't Need a Bankruptcy Attorney
When contemplating bankruptcy most likely you will contact an attorney because you think with something do complex you need one to make sure that is it discharged. When you consult with an attorney they will get you believe that you need them especially if you have a home and a car you are still pay
Do You Have to Repay Creditors After Filing Bankruptcy?
You do not have to repay most creditors after filing for bankruptcy. The details can vary depending on what type of debt you owe to creditors, and what type of bankruptcy you file. Additionally, there are some reasons why you might want to repay certain creditors even if you don't legally have to af
How to File a Motion to Convert to Chapter 7
Chapter 13 bankruptcy doesn't meet everyone's needs. If you cannot adhere to the strict repayment plan for up to five years, or your income levels are lower now than they were when you initially filed due to employment issues, Chapter 7 bankruptcy may be the better choice. Through Chapter 7, the ban
Lawyers Chapter 7 Bankruptcy Fees Still Rising, Debtors Only Real Option to Afford Bankruptcy Today
THE BOTTOM LINE: Do you, perhaps, fall among those growing number of debtors in America today who just can't afford filing for bankruptcy simply because you can't afford the high lawyer's bankruptcy fees? Then, realistically, you really have just one option left for you - hiring a leg
The Difference Between Bankruptcy And Liquidation
The words “bankruptcy” and “liquidation” can be frightening to hear. However, not everyone knows the difference between filing for bankruptcy and going into liquidation (sometimes called creditor’s voluntary liquidation or CVL). So what are the differences?
Can I Pay My Employees' Tuition & Write It Off?
According to the Internal Revenue Service, you are allowed to pay your employees' tuition and write off the expense as a tax deduction as long as your employees qualify for your written educational assistance program. Typically, your payments for the employees' tuition are paid through tuition reimb
What Happens If a Collection Agency Refuses My Payment?
Collection agencies work as a middleman for a larger company, or as an independent agency. When you owe a bill to a hospital, credit card company or any other creditor, the company has the right to use a collection agency to seek payment. The agencies may also buy your debt and seek payment from you
Why Sharp Negotiations With Creditors Is Important For Debt Settlement
Nobody considered credit card dues as debts until the recent recessions hit US economy and turned it topsy-turvy and left many jobless and under heavy debt.