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Bankruptcy : Business & Finance
The Safety of Bankruptcy
Bankruptcy protection can be a weight off the shoulders of many a debt-ridden consumer. The safety of bankruptcy protection allows a new financial start in some cases or provide a window of time for paying debts and retaining secured property, like a home or business. These protections come with a p
Bankruptcy - A Financial Lifeline
As a debt settlement option, bankruptcy has its own advantages and disadvantages which must be examined carefully before application. The idea of being freed from debt can be appealing.
Bankruptcy Service - How Will This Affect My Spouse?
In this article we will cover the different aspects of how filing bankruptcy will affect your spouse. Some useful tips have been included to consider prior to seeking bankruptcy services.
Filing For Bankruptcy - Chapter 7 Vs Chapter 13 Bankruptcy, What Should You Do?
Several sleepless nights pondering what can be done over the debts that are mountain high could drive delinquent borrowers to decide that filing for bankruptcy is the solution. Although this is a difficult decision to make and it must have taken you months to finally make this drastic decision, but
What Personal Items Can You Keep When Filing Chapter 7 Bankruptcy?
A Chapter 7 bankruptcy is one of the most common of consumer bankruptcy types in the United States, according to the University of Maryland University College. However, even though Chapter 7 is known as a "liquidation" bankruptcy, you do not have to surrender all of your assets to creditors. Dependi
Is it Best to Make a Payment Plan to Pay Off Debt or to File an Exemption?
The question may be hanging over your head like a black cloud: Should I try to repay my debts, or should I file an exemption on my assets under Chapter 13 bankruptcy? The short answer: You should always seek alternative ways to pay down your debts before looking into bankruptcy (though each consumer
Personal Bankruptcy Information
The word bankruptcy is derived from the combination of two Latin words 'banco' meaning a table?and 'ruptus' meaning 'broken', implying the broken state of an entrepreneur's business. Bankruptcy can be defined as a legally declared inability or incapability of indiv
The Use of Magnets
For many years physicists considered electricity and magnetism to be two separate, distinct phenomena. There were some similarities in the behavior of magnetic poles and electric charges but there seemed to be nothing to suggest that electricity and magnetism were strongly related.
What You Can Lose in Bankruptcy
Bankruptcy is not a get out of jail free card where you do not have to pay anything. Often assets will be required to pay back debts that bankruptcy does not cover.
The Best Places for 55 and Older to Live
There are many criteria to consider when you are looking for a place to live if you are 55 or over. Some criteria important to you may include weather, area activities, cost of living and availability of health care. Cities which offer plenty of favorable qualities include Tucson, Arizona; Greenvill
Remedies For Attempt To Collect Debts Included In Bankruptcy
Discusses violations of the discharge injunction and automatic stay.
Tax Effects of Bankruptcy
Navigating the waters of a bankruptcy is fraught with psychological as well as financial consequences, but little thought is given by most filers to the possible tax consequences of discharging a significant amount of debt. In some cases, that discharge can be considered taxable income....
Chapter 13 In 2012 -how To Secure The Most Effective Bankruptcy Attorney And Protect Yourself
Some folks assume that bankruptcy is one thing that that happens to individuals and corporations, that's the farthest factor from the reality. Bankruptcy will be a very valuable and powerful tool that can eliminate debt and stop your creditors from pursuing you.
Stop Feeling Ashamed For Being Under Debt. Admit Its Presence And Deal With It Honestly
The situations led by debt and all other financial deficiencies have made us one with our monetary problems which somehow got us caught us in this vicious cycle of debt and shame. As a result we are constantly lacking pride and dignity in our own eyes. It is high time for us to stop feeling ashamed
Small Claims & Debt Recovery
One of the most effective tools used by collection agencies on a regular basis for debt recovery remains the small claims court. Knowing the system well, collectors and creditors can take advantage of debtors’ lack of awareness of the court procedures to get quick judgments. Then collection ac
Legal Fees for Chapter 7 Bankruptcy in New Jersey
If you're contemplating filing a Chapter 7 bankruptcy, you may not have a lot of cash on hand to pay a lawyer to handle the proceedings for you. While the federal government sets court filing fees for a Chapter 7 petition, attorneys set their own rates over and above that for guiding you through the
Nevada Bankruptcy Information
Bankruptcy is a way to get court-sanctioned relief from creditors. If you are granted a discharge by the bankruptcy court, your creditors can no longer pursue you for unpaid debts. While bankruptcy follows federal rules of procedure, Nevada has specific property exemptions that you can use to shelte
The Importance of Saving an Emergency Fund After Bankruptcy
Unexpected expenses come up on a regular basis, and you want to avoid charging them on a credit card, getting a loan, or in any way getting into debt. This is why the importance of saving an emergency fund after bankruptcy can't be ignored.
Why Chapter 13 Is Preferred Over Chapter 7
Deciding between which type of bankruptcy to file isn't always an easy task. Further, once you decide you may find yourself ineligible for one type of bankruptcy. In general, there are a few reasons why ...
How to Make Your Ex-Spouse Liable for His Debts
The separation of financial debts and assets is one of many difficult aspects involved in getting a divorce, particularly when a couple holds joint assets. Courts and creditors alike consider several factors before making a former spouse solely liable for financial debts, including the circumstances