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Bankruptcy : Business & Finance
The Advantages of Debt Finance
Financing allows you to make smaller payments over time.to have money to burn image by Andrey Andreev from Fotolia.comWhether you're browsing the Internet, watching television or listening to the radio, you have probably heard the same message from debt management gurus: "Pay in cash to...
Small Business Bankruptcy - Things Small Businesses Should Understand Before Filing Bankruptcy
Are you a small business owner who has fallen upon tough times? Due to the economy, a lot of small business owners are struggling to keep their businesses afloat and pay their bills. If you want to seek small business debt relief, you might consider bankruptcy. Yes this is an option, but it is a dec
How Schedule B Determines Chapter 7 or 13
Schedule B details the nature and value of the assets belonging to a person filing for bankruptcy protection. It does not inherently affect whether a person is eligible for either Chapter 7 or Chapter 13 protection: This is based largely on income. However, the details on Schedule B may decide which
The Truth About Bankruptcy and How You Can Avoid It
It's always a better way to make regular payments and avoid the burden of debts. However if one becomes a debtor, bankruptcy is not a wiser option. You may think of other alternatives, too. Being a bankrupt, does not necessarily mean the end of life, you may switch on to more sensible and bette
Bankruptcy Car Loan Lenders May Be Found Through An Auto Broker
An auto broker may be a good source to find bankruptcy car loan lenders. A bankruptcy car loan may be obtained easier through a special finance department at the dealership. Car brokers often have a ...
Common Chapter 7 Personal Bankruptcy Questions
Filing for Chapter 7 personal bankruptcy can be a very confusing process. The following information addresses the most frequent concerns people have when they consider filing for bankruptcy.
Renting Instead of Owning in Chapter 13
While many people utilize Chapter 13 bankruptcy as a way to save their homes and become current with their mortgage, people who rent are also able to benefit from bankruptcy. People with sufficient disposable income must create a payment plan that lasts from three to five years. The Federal Rules of
Kentucky Bankruptcy Advice
The decision to file bankruptcy is a difficult one; filing a petition involves long-term financial consequences. Many aspects of bankruptcy are state-specific. A bankruptcy experience in Kentucky can differ considerably from a bankruptcy experience in, for example, Alabama. If you do choose to file
Help Provided By Bankruptcy Courts In Dealing With Debt Crises
There are several myths and misconceptions associated with bankruptcy that needs to be cleared in order to understand how bankruptcy courts can actually help individuals and organizations deal with financial difficulties. For most people, filing for bankruptcy can be an intimidating process owing to
Why Can't I Get an FHA Loan?
Federal Housing Administration mortgages are considered some of the most flexible on the market in terms of underwriting standards and accessibility. FHA underwriters evaluate the four Cs of borrower credit to determine eligibility for FHA insurance. Although FHA guidelines take kindly to borrowers
The Disadvantages of Chapter 7 Bankruptcy
Bankruptcy is often promoted in the media as an easy way of getting oneself out of one's financial troubles. However, life after bankruptcy is rarely considered in the rush to rid oneself of the stress and strain of financial overstretch. The bottom line is the bankruptcy should be avoided at a
What to Do When You Can't Pay Your Credit Cards Anymore - Learn How Bankruptcy Help Works For You
Whether you went and bought a lot of shiny new toys like a flat screen TV or a bunch of video games, or you used your credit card to pay for your daily expenses when you were out of a job doesn't really matter. What matters is that now you can't pay your credit cards anymore because your c
Looking For a Bankruptcy Alternative?
Declaring Bankruptcy has very serious consequences. Read this to find out the best methods to avoid bankruptcy and rebuild your life.
How to Tip Valet Parking
Like food delivery and hair care, valet parking is considered a human service that calls for tipping. Many valet drivers are paid minimum wage, and tipping is an important part of their income. Tipping your driver provides an incentive for the valet to pay special attention to your vehicle and demon
Debt Management Tips in the U.S.
The key to debt management is identifying your spending patterns and repaying past-due debts as efficiently as possible. Organize your records before you get started so you know exactly where you stand. Be sure to set clear goals for when you expect to be debt-free and seek out financial help along
How to Refinance a Debt Consolidation
Refinancing a debt consolidation loan has advantages. You could save money if you receive a lower rate of interest as well as a lower monthly payment. To refinance your current debt consolidation loan there are several steps you need to complete. You may be able to obtain a home equity line of credi
Your Credit After Bankruptcy
The decision to file bankruptcy is not an easy one. Although a bankruptcy can relieve a person from most of their debt, it is often a last resort for many people in this trying economic time. People often worry how a bankruptcy will affect their financial future. There are many myths about bankruptc
What Determines If You Are a Subcontractor or an Employee?
It is important for workers to know whether they are hired as employees or subcontractors when working for their respective employers, for tax purposes. The IRS requires that both parties are aware of the status of the worker, so that all of the appropriate forms are filed during tax season. Several
How Long Does It Take to Pay Off Student Loans as a Doctor?
The total debt for graduating medical school students continues to increase, according to the Association of American Medical Colleges, primarily because of rising tuition and fees at both public and private universities. In fact, the AAMC's predicts that by 2033, medical school students may have to
Should I File Bankruptcy Or Not - How Else Do I Get Rid Of Debt - Bankruptcy Alternatives
Serious debt problems can be very stressful and are often seen as insurmountable. When the amount owed becomes more than you could ever hope to repay, it is easy to think there is no way ...