Bankruptcy : Business & Finance

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Bankruptcy - Signs of Continuing Economic Problems

Bankruptcy - Signs of Continuing Economic Problems

The Great Recession has come and gone. Well, at least according to economists. For those of us living in the real world, there are some serious doubts that it has passed. The statistics coming out ... ......[Read More]
When to File for a Chapter 7 or Chapter 13 Cases

When to File for a Chapter 7 or Chapter 13 Cases

Sometimes when it rains, it pours. This statement is especially true for those individuals, companies, big and small businesses, families, and the like, facing bankruptcy. Thankfully, all hope is not lost. You have two common ... ......[Read More]
Is an IRA Protected From a Lawsuit?

Is an IRA Protected From a Lawsuit?

An IRA is a tax-advantaged retirement account that people can contribute to, puting aside money for their post-working years. However, money in an IRA might not be protected from creditors or lawsuits.......[Read More]
Wisconsin Bankruptcy Basics

Wisconsin Bankruptcy Basics

Filing for bankruptcy allows Wisconsin residents to avoid being ruined by debt.bankruptcy 2 image by Sorin Alb from Fotolia.comBankruptcy laws allow individuals and businesses overwhelmed by debt to pay off creditors by dividing all assets among creditors. Filing for bankruptcy is a.........[Read More]
How Much Money Does a Medical Coder Earn in Tennessee?

How Much Money Does a Medical Coder Earn in Tennessee?

Typing away in Tennessee in something akin to a foreign language, medical coders (also called medical billers, medical health technicians, coding specialists and medical records technicians) ensure a computer record trail of information about a patient's health coverage, procedures, medication and i......[Read More]
Is HAMP a Colossal Failure? What Is Next for Homeowners Seeking Loan Modification?

Is HAMP a Colossal Failure? What Is Next for Homeowners Seeking Loan Modification?

The Home Affordable Modification Program began in March 2009 and it could not be clearer that HAMP is a colossal failure. The Obama administration set a goal to help 3 to 4 million American homeowners. HAMP has only helped a tiny portion of that goal and has not reached the vast majority of American......[Read More]
How to Bring Your Accounts Current and Avoid Bankruptcy

How to Bring Your Accounts Current and Avoid Bankruptcy

As a former employee of a major financial institute, I saw my share of customers falling further and further behind in their payments. Unfortunately, our account was not an isolated case. If they were behind with us, it was very likely they were behind in their other accounts as well. Though I cou......[Read More]
What is Bankruptcy Court?

What is Bankruptcy Court?

There are some differing kinds of the bankruptcy court that exist, including the federal bankruptcy court, but whatever one especially you have an interest in learning more about, there are some basic things that you're going to need to grasp. Especially if you are in financial troubles yoursel......[Read More]
How to Get Housing After Bankruptcy

How to Get Housing After Bankruptcy

Moving, whether it's to a rental of buying a home, can be very difficult when you don't have a great credit report. When we talk about how to get housing after bankruptcy we're talking about ... ......[Read More]
Knowing The Chapter 7 Bankruptcy Timeline

Knowing The Chapter 7 Bankruptcy Timeline

In this article, the Authorgivesbasicstime line of a chapter 7 bankruptcy procedure so you can know more or less what to expect when you file chapter 7 bankruptcy.If you are unfortunate enough to have to file chapter 7 bankruptcy,it is always helpful to have a basic overview of what will happen duri......[Read More]
Cram Downs In Bankruptcy

Cram Downs In Bankruptcy

One of the most useful tools is bankruptcy is called the "cram down." This allows debtors using Chapter 13 bankruptcy, with a car loan, to pay the value of the car instead of the amount owing on the loan. Learn about how this works and about potential caveats with this article.......[Read More]
How to File Bankruptcy

How to File Bankruptcy

From time-to-time, consumers are faced with such tremendous financial hardship that they must decide whether to file for bankruptcy. The decision to file for bankruptcy should not be taken lightly and it should only be made after adequate research. If you are at a point in your financial life wher......[Read More]
Why Do You Need a Bankruptcy Lawyer?

Why Do You Need a Bankruptcy Lawyer?

Filing for bankruptcy is a huge step towards redeeming yourself from the current financial fix you have drowned in. You may not always be in the right mind or have the knowledge to undergo the entire process and procedure of bankruptcy filing on your own. Therefore, you may need the assistance and s......[Read More]
Why Can Debt Consolidators Negotiate Lower Rates?

Why Can Debt Consolidators Negotiate Lower Rates?

Debt consolidators have experience working with creditors, which often gives them an advantage when negotiating lower interest rates. However, not all debt companies are reputable. Individuals should investigate a consolidation company with the Better Business Bureau (BBB) and/or their state's Attor......[Read More]
How to Calculate Outstanding Debt

How to Calculate Outstanding Debt

If you are trying to get a handle on your finances, you may want to calculate how much outstanding debt you have. Once you know how much you owe, your monthly payments can be calculated. Having knowledge of your debt helps you establish a plan to eliminate your outstanding balances. Sometimes you ca......[Read More]
How to Buy a House With a Bankruptcy Discharge

How to Buy a House With a Bankruptcy Discharge

A buyer's credit history is a major factor when applying for a mortgage to buy a home. Many consumers believe it is difficult to purchase a home after a bankruptcy, but that is far from the truth.......[Read More]
How to Calculate Total Debt

How to Calculate Total Debt

Most lending agencies view the amount of total debt carried as a measure of financial strength. Some debt is essential and, if used correctly, can even improve finances. If debt is structured to build assets or provide more quality of life, it may worth taking on. On the other hand, buying consumab......[Read More]
Halting Creditors Through the Automatic Stay

Halting Creditors Through the Automatic Stay

Declaring bankruptcy can be a complex but necessary step for individuals, businesses, and organizations in order to protect their financial assets and their stability. One way that filing for bankruptcy under chapter 7, 11, or 13 helps to protect a person or company from creditors is through the ins......[Read More]
How Long Does a Chapter 7 Bankruptcy Last in Indiana?

How Long Does a Chapter 7 Bankruptcy Last in Indiana?

A Chapter 7 bankruptcy in Indiana is similar to a bankruptcy proceeding in any other state, because federal laws govern bankruptcy. Once you file your Chapter 7 petition, the process typically takes three to four months. Events at your meeting of creditors, objections by trustees or creditors and th......[Read More]
Can Collection Agencies Leave a Recorded Message With a Client's Name at Their Place of Work?

Can Collection Agencies Leave a Recorded Message With a Client's Name at Their Place of Work?

Collection agencies must follow several guidelines when they communicate with individuals or third parties in an effort to collect a debt. Most importantly, they are not allowed to engage in any act that violates an individual's privacy, which would prohibit leaving revealing recorded messages at a......[Read More]