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Bankruptcy : Business & Finance

Bankruptcy - Dismissed Vs Discharged - Chapter 7, 11, 13

With the IRS Code book as think as your leg, it's easy to imagine you could make a Faustian Bargain in trying to settle your tax and bankruptcy problems yourself. That's why the first thing you should do when bankruptcy rears its ugly head in your life, is to consult a competent tax & bank

Bankruptcy Law Changes - How They Affect Consumers

If you have a lot of debt and find you can't get your head above water, you may have thought about filing for bankruptcy. If this is the case, you will need to take note that the bankruptcy laws have changed. There are new laws in place that may affect how your debts are handled.

Debt Recovery Policies

Consumers and creditors alike are governed by the federal Fair Debt Collection Practices Act, which regulates the debt recovery industry. If a consumer cannot pay his debts, he can also file for bankruptcy assistance or consult with a credit counselor for assistance, according to the Federal Trade C

What Does Your Chicago Bankruptcy Lawyer Need To Know?

When you are considering filing for bankruptcy, you are probably wondering what it is that you need to do. Most people have no idea how to proceed, other than they know that they need to have a Chicago bankruptcy lawyer.

Can a Georgia HOA Place a Lien on a Homeowner's House?

A homeowners association in Georgia has the ability to record a lien on a homeowner's home and then collect by garnishing wages and bank accounts or foreclose. Georgia is not one of the so-called "HOA super lien" states -- the HOA lien does not have priority over earlier recorded liens. For this rea

Correct Way to Carry Out a Concrete Slump Test

The workability of concrete is important in the construction industry. The American Society of Testing and Materials (ASTM) publishes the C143 Slump Test as a rough measure of the consistency of concrete. Different proportions and types of aggregate in concrete mixtures can be compared using the sl

Responsibilities of Stockholders

It is easy to buy stock and just forget about it until you are ready to sell. But as a stockholder, you are an owner of the company in which you invested. As an owner, you have certain responsibilities to the company and its other stakeholders in addition to the responsibilities you have to your own

How to Reduce CC Debt

In today's economy many people are struggling with credit card debt and cringe at the thought of opening up their next bill. High balances and rates make it very difficult for consumers to take control of their debt and it can decades to pay off a credit card, especially when paying only minimum pay

Medical Bills Assistance, A Viable Option

Knowing that a loved one is sick is something that will weigh heavily on anyone's mind. The loved one's suffering isn't all that you would need to worry about. Finding money for treatments is another problem all on its own. Having to pay medical bills is an added burden. If you have t

Get Some Basic Bankruptcy Advice

The concept of bankruptcy involves several myths and misconceptions. Though bankruptcy shouldn’t always be the only option to solve your financial difficulties, you should nevertheless get some professional bankruptcy advice in order to decide if it can actually help you.

Do it Yourself Bankruptcy Filing

If you need bankruptcy protection, it is best to secure the services of an experienced bankruptcy lawyer. But if you cannot afford to pay a lawyer, you will have little choice but to file your own petition. Although the process can be time consuming, depending on the complexity of your finances, it

Information for Proper Filing of Bankruptcy

The U.S. Supreme Court, in a 1934 decision, stated that bankruptcy was to give an "honest but unfortunate debtor a new opportunity in life . . . and a clear field for future effort . . ." A vital step allowing the bankruptcy courts and trustees to determine who is an honest debtor involves collectin

Recession and Bankruptcy - The Awful Truth About Bankruptcy and Your Credit

These days, Recession has become an important topic of discussion among all the economists. The recession has already hit the economy of the world and that is the reason why large numbers of people are suffering from the burden of unsecured debts these days. At this stage majority of people thinks t

Can a Debtor Request Abandonment in a Chapter 7 Bankruptcy Case?

Upon the filing of a Chapter 7 bankruptcy case, all the property of the debtor that is not exempt automatically becomes property of the bankruptcy estate. The bankruptcy estate is administered by a Chapter 7 trustee for the benefit of creditors. If property is non-exempt but nonetheless of little va

Bankruptcy and the IRS - The Lesser of Two Evils

You may be on the verge of bankruptcy in order to satisfy the creditors breathing down your neck.But when you also have a debt to the IRS the situation becomes far more complicated.The IRS expects you to pay any debt owed to them first, and you may not even be able to include your IRS debt in bankru

Chapter 13 Rights

There are several types of bankruptcy to consider if you are faced with financial trouble. Chapter 7, Chapter 11 and Chapter 13 are the most common, each deriving their title from the controlling section of United States law that describes the rights and responsibilities. A Chapter 13 filing has adv

Can a Judgment Be Included in Bankruptcy?

Bankruptcy courts either discharge your debt entirely or supervise its repayment. Most types of debt can be included in both Chapter 7 and Chapter 13 bankruptcies, including court judgments. In fact, many people file for bankruptcy specifically because they are on the losing end of one or more lawsu