Bankruptcy : Business & Finance

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Retirees Put In Bankruptcy From Their Adult Children

Retirees Put In Bankruptcy From Their Adult Children

In the past, once the kids became of age they moved out, got a job and supported themselves. Lately, there has been a reemergence of adult children moving in with their parents. It's easy to understand some of the reasons for this phenomenon.......[Read More]
Bankruptcy - What Most Common Chapters Entail

Bankruptcy - What Most Common Chapters Entail

Filing for bankruptcy is often thought of as an extreme measure. But truth be told, sometimes it is the only way out. People are afraid of bankruptcy claims due to the many myths surrounding it, but you should know better: bear in mind that myths are just myths.......[Read More]
The New Bankruptcy Laws - How Do They Impact You?

The New Bankruptcy Laws - How Do They Impact You?

With the sweeping changes in the bankruptcy laws, how are you affected? Understand why the changes were made and then understand how you should proceed if you are considering bankruptcy.It's not the answer for everyone.......[Read More]
Do I Have to Include My Vehicle in Chapter 13?

Do I Have to Include My Vehicle in Chapter 13?

As an individual filing for bankruptcy, you must choose the type of bankruptcy you are going to file before you file your petition. Your choices are Chapter 7 and Chapter 13, the two types of bankruptcy for individuals with debt problems. Depending on your income, your expenses and the amount of deb......[Read More]
Understanding Bankruptcy Filings

Understanding Bankruptcy Filings

Bankruptcy filings can work both ways.The growing anticipation of a credit squeeze in the United States as well as a sharp increase in the number of bankruptcy filings already taking place, have brought increased attention amongst the many individuals who fear that they too may be joining the list o......[Read More]
How To Pick The Best Personal Bankruptcy Lawyer To Help Your Case

How To Pick The Best Personal Bankruptcy Lawyer To Help Your Case

Feeling sad and frustrated are a couple of the many emotions people feel when going through bankruptcy. Unfortunately, people experiencing bankruptcy often find themselves spending a large amount of their time worrying about day-to-day issues ... ......[Read More]
Does Virginia Allow Wage Garnishment for Credit Card Debt?

Does Virginia Allow Wage Garnishment for Credit Card Debt?

Wage garnishment occurs when a creditor attaches a portion of a debtor's wages and the debtor's employer diverts that portion to the creditor. A credit card company can obtain a judgment against a debtor who has defaulted on an overdue credit card debt and can ask that the court order a writ of garn......[Read More]
What Is Mortgage Consolidation?

What Is Mortgage Consolidation?

A mortgage consolidation is a refinance (or restructuring) of a current mortgage to include one or more mortgage debts into one loan. It usually allows borrowers to save overall interest expenses and to gain a lower overall monthly payment.......[Read More]
Chapter 7 and 13 Bankruptcy - What's the Difference?

Chapter 7 and 13 Bankruptcy - What's the Difference?

Phoenix AZ bankruptcy has increased dramatically over the past two years. Learn what the different bankruptcy chapters are that are available to you.......[Read More]
Bankruptcy Filing Fees

Bankruptcy Filing Fees

Filing for bankruptcy comes with some additional expenses. This is because, if you have to hire an attorney, you have to put into consideration the amount of money you will require. The attorney fees aside, you will also have to pay related expenses to the court clerk.......[Read More]
FAQ on Chapter 7 Bankruptcy in Georgia

FAQ on Chapter 7 Bankruptcy in Georgia

The Federal Bankruptcy Code governs Chapter 7 procedure in Georgia. Thus, to declare Chapter 7 bankruptcy in Georgia, petitions must be filed in federal court. Chapter 7 is known as "liquidation" and is the least complex of all bankruptcy types. Chapter 7 bankruptcy discharges most debts; however, ......[Read More]
What Percent Does a Subcontractor Pay of His Total 1099?

What Percent Does a Subcontractor Pay of His Total 1099?

A subcontractor is not an employee of a company. Instead, the subcontractor is an independent business person. Because of this, taxes are handled much differently than if the subcontractor were an employee of the company. You should understand how much of the amount shown on your Form 1099 you will ......[Read More]
Things to Know About Filing for Bankruptcy

Things to Know About Filing for Bankruptcy

When you are unable to pay your creditors the money you owe them, with the value of a debt exceeding $5000, you can file or be forced into bankruptcy. Bankruptcy is a legal process that ... ......[Read More]
How to Set Up a Debt Management Company

How to Set Up a Debt Management Company

According to creditcards.com, the average American household has more than $15,000 dollars in credit card debt alone. The total amount of U.S. consumer debt, as of March 2010, is close to $2.45 trillion dollars. With rising debt problems, many consumers have put their trust in debt management compan......[Read More]
Debt Vs. Unsecured Debt

Debt Vs. Unsecured Debt

Those with little knowledge of business and finance may not know the first thing about debt, including the difference between debt vs. unsecured debt. Fortunately, it is a simple subject you can get the basics of in just a few minutes. This subject is of particular interest to those who may be going......[Read More]
Details on Bankruptcy and How to Avoid It

Details on Bankruptcy and How to Avoid It

It is important to gather all the necessary bankruptcy information before filing a bankruptcy petition in the court. You must have a question in mind as to why this is necessary, and why should you take out information on the subject before you go for the concept.......[Read More]
Is Bankruptcy the Best Choice For You?

Is Bankruptcy the Best Choice For You?

The adage rings true: pride goes before a fall. We work for much of our lives and try to save money in order to live comfortably, but life has a way of giving us too many challenges to overcome. Illness, accidents, and downturns in the economy may contribute to loss of income, and sometimes you may ......[Read More]
Debt Consolidation Ideas

Debt Consolidation Ideas

American consumers owed approximately $2.5 trillion dollars at the end of 2009, according to the U.S. Federal Reserve. More than one-third of that debt is revolving credit. Money-zine.com estimates that the average credit card holder in the U.S. owns nine credit cards and carries a.........[Read More]
Advice for Those Recovering From Bankruptcy

Advice for Those Recovering From Bankruptcy

A bankruptcy can be a hard pill to swallow when it comes to your future finances. Bankruptcies do their fair share of fighting off creditors for you, but they also make it publicly known that you are in the midst of a bankruptcy. When your bankruptcy is over and it is time to recover, you may find y......[Read More]
Car Loan Calculator: Get Your Car Finance Estimates In No Time

Car Loan Calculator: Get Your Car Finance Estimates In No Time

Mostloan calculators are an easy and handy tool that helps you calculate the cost of the interest rate for your car loan, carloanadviser.co.uk......[Read More]