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Bankruptcy : Business & Finance

Low Bankruptcy Costs

Bankruptcy can be compounded and made worse by the fact that you have to pay to file a petition. These charges largely depend on the chapter under which you file the petition. The level of complication of your insolvency will also determine how much you are going to pay. Remember that, it is crucial

How Does Repossession Work?

More debt than moneyHigh gas prices, health problems and job loss can cause even the most financially responsible person to live paycheck to paycheck--not to mention divorce, disability and other unforeseen circumstances that can drain bank accounts. According to the Council of Mortgage...

What is the Scope of Chapter 13 Bankruptcy?

There are various types of bankruptcies classified under different chapters and sections. Of these, Chapter 13 is one type of bankruptcy that has become quite predominant in recent times. In this article, you will learn about this chapter in detail.

The Correct Way to File for Business Bankruptcy

Many businesses file for bankruptcy because of the relief it provides owners drowning in credit problems with no way out of debt.The good thing about a business bankruptcy compared to a personal bankruptcy is they fact that so many companies do it as a way of restructuring their business that there

Filing Chapter 13 Bankruptcy in Washington State

Whether you live in Tonasket, Tacoma or Walla Walla, Chapter 13 is a way you can get out from under an overwhelming debt load. In Chapter 13, you spend three or five years devoting your disposable income -- money you don't need to live on -- to paying off your debts. At the end of that time, most of

How Bankruptcies Affect Individuals

A sad consequence of the current worldwide economic downturn is that more and more people are turning to bankruptcy as a way out of their financial difficulties. And if it wasn't for the social stigma of other people knowing about it, it`s likely that the figures for bankruptcies would be far h

How to Remove a Bankruptcy

If you want to know how to remove a bankruptcy [http://bankruptcy-removal.blogspot.com] from your credit report, you will need to follow some simple steps. People want to remove bankruptcies for different reasons. Some people may want ...

Debt Relief Organizations

When you aren't bringing in enough money to cover your bills and you get so far behind that creditor calls are a daily occurrence, it's tempting to turn to a debt relief organization for help. That's not necessarily a bad thing, as long as you choose wisely. With the help of a nonprofit credit couns

Bankruptcy - A Regressive and Negative Solution to Urgent Debt Problems

Critics of debt settlement point that bankruptcy is a much better option. If that were to be the case, why are debt problems still around? People have been declaring bankruptcy and seeking protection from their creditors since ancient times. If bankruptcy is very effective, then why is it that peopl

How to Find Out if a Creditor Filed a Judgment Against You

Depending on the laws in your state, a creditor with a court judgment against you may have the right to attach a lien to your personal property, seize your bank accounts and garnish your wages. Creditors lack the right simply to "file" judgments. To obtain a court judgment, your creditor must sue yo

Bankruptcy Primer

This article takes a look at the basics and procedures of bankruptcy.

Who Should File For Chapter 7 Bankruptcy?

While US bankruptcy law changed in 2005, the basic distinction between chapter 7 and chapter 13 bankruptcy remains intact. Virtually all individual filers will file for either chapter 7 or chapter 13 bankruptcy, though the new code enacted in 2005 imposes restrictions on who may file for chapter 7 b

Information on Filing Bankruptcy in Oklahoma

Bankruptcy code is consistent throughout the United States, however each state has jurisdiction over their specific bankruptcy districts and certain guidelines for reorganizing debt. Learn about the three bankruptcy districts in Oklahoma and which debts will remain if you choose to file for bankrupt

How Can I Be Relieved of IRS Tax Debt?

Tax debt is the amount of tax incurred for a specific tax period and which is supposed to be paid to the government through the facilities of the Internal Revenue Service or IRS. There are many income earners who find that the amount of tax debt computed at the time of filing of tax forms is way bey

Will the Election Have Any Effect on Filing for Bankruptcy?

Once again, just like every four years the presidential election is upon us. We now have to listen to the negative ads by both guys of why you should elect one over the other. What happened to the old days when people liked a president based on their merits, not because they are not as bad as the ot