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Bankruptcy : Business & Finance
Is Bankruptcy Really The Only Choice You've Got?
Bankruptcy is a pretty severe solution to debt problems. Find out exactly what's involved in it before making your decision.
The Role Of Bankruptcy Courts In Helping Individuals Overcome Debt Crisis
Knowing the various positive aspects of bankruptcy can help immensely in overcoming the fears associated with bankruptcy filing. The various laws made by bankruptcy courts to help individuals and business organizations deal with financial difficulties need to be discussed.
How To FileChapter 7 Bankruptcy - Get Help Now
Get help on filing chapter 7. Connect now with chapter 7 bankruptcy attorneys/lawyers spread in all 50 states of USA
How Often Can Someone File Chapter 7 in the State of Georgia?
In a literal sense, you can file for Chapter 7 bankruptcy in Georgia as often as you like. However, the chance of you gaining anything out of your repeated filings is slim unless you comply with the bankruptcy laws. When you file repeated petitions, your rights to receive any type of relief from you
Individual Voluntary Arrangements - A Discussion to Aid Your Understanding
Individual Voluntary Arrangements help you become debt-free with law on your side. However, you must fulfill certain conditions to qualify for IVA and benefit from this set-up.
Bankruptcy Lawyer: Prepare Financially Before Hiring An Attorney
If you are thinking about declaring bankruptcy, money is likely on your mind. After all, it is difficult not to think about it if you do not have it currently, especially when creditors are calling ...
Unwrapping Bankruptcy
As a debt settlement option, bankruptcy has its own advantages and disadvantages which must be examined carefully before application.
Different Forms of Bankruptcy
The legal tradition of bankruptcy dates all the way back to the Old Testament, which mandated the Jubilee every 49 years, requiring the freedom of indentured servants. The concept continued in English common law, with the first English bankruptcy laws enacted in 1542. In its current form,...
Bankruptcy Credit Counseling - Necessary For Filing Personal Bankruptcy
There are two types of Bankruptcy Classes: Pre-Filing Credit Counseling and Pre-Discharge Financial Management.
Credit - Pre-Bankruptcy Tips - Part 1
Timing is crucial in bankruptcy. The day you file, you must list all your debts and all your assets as of that day. But the day you file is up to you and your lawyer. That is one of the many decisions you'll have to make.
How Long Does Chapter 7 Bankruptcy Stay on a Credit Report?
Chapter 7 BankruptcyChapter 7 Bankruptcy is a very specific part of the United States Bankruptcy Code and has a very specific definition. Once a person, referred to in this case as a "debtor," files for Chapter 7 bankruptcy they are allowed to relieve themselves of certain debts they may...
The New Bankruptcy Law - What You Need To Know
The new bankruptcy law went into effect on October 17, 2005. The tremendous number of people waiting to wipe out their debts before the deadline was astounding. It highlighted the fact that the debt situation in the U.S. is out of control. Here is what you need to know about the new law.
Filing For Bankruptcy Made More Complicated Under the New Bankruptcy Laws
If you have intentions of filing for bankruptcy, erasing your debts may not be as easy as before with the new bankruptcy laws that have brought about certain major changes in the process. These amendments are initiated by the Bankruptcy Abuse Prevention And Consumer Protection Act of 2005 have made
Bankruptcy and Losing a Job
The past decade has seen a terrible economic downturn, from drops in stocks values to increases in foreclosures and unemployment. If you lose your job and you have a lot of debt, bankruptcy can be a big relief; if you lose your job during bankruptcy, the effect your job loss has will depend on which
Filing For Bankruptcy - Not a Panacea
Sometimes debt reduction, consolidation isn't enough.But personal bankruptcy isn't going to solve all of your problems.
Medical Debts - Use Debt Settlement to Avoid Credit Card Bankruptcy
It is not necessary that financial indiscipline should be the reason behind your debt problems. There are many reasons why a person may end up facing financial trouble. Irresponsible credit cards use or personal loans use are considered common reasons. However, another common reason is medical emerg
Are Bank Records Checked in Bankruptcy?
Bankruptcy can be a great relief if you are burdened by excessive debt; however, when you file bankruptcy, you have your own responsibilities to the court and to the bankruptcy trustee. One such responsibility is full financial disclosure, and the trustee may require you to turn over your bank recor
How to Prove Income in a Bankruptcy
United States bankruptcy courts use the previous six months of income to decide if the debtor needs to file under Chapter 7 or Chapter 13 of the bankruptcy code and how much money the debtor can put toward a Chapter 13 payment plan. All debtors must prove their income to ensure they have provided ac
After Bankruptcy, Bad Credit Auto Financing, Making the Right Choice Could Save You
After bankruptcy, bad credit auto financing can be a bit complicated if you have just been discharged from a bankruptcy. Can it get worse?
How Long Do You Have to Wait Before Refinancing a Home?
Mortgage refinancing is a very powerful financial tool for homeowners. When used wisely, this tool can save them hundreds of dollars on their mortgage payments each month, while creating additional financial flexibility in their monthly budget. Unfortunately, refinancing usually comes with a steep c