Most people who file bankruptcy have a household income of $50,000 to $100,000 per year. They are stuck in the bankruptcy box. The reason is that if those households make enough money to have protectable assets, but not enough money to survive an unexpected financial hardship.
Significant Changes to the Bankruptcy Code under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA): The Presumption of Abuse and Qualification for Chapter 7 Discharge
This article is not intended as legal advice just a simplified explanation of the different bankruptcy chapters, without the legal verbage.
One of the most common questions people are asking about bankruptcy these days is whether bankruptcy can stop foreclosure. There is no easy answer to that question, and it is something to discuss with
Those individuals who are considering declaring bankruptcy should certainly comprehend the basics of the choice. When you study bankruptcy options and start to understand what bankruptcy is all about,
The Law office of Christopher A. German, LLC provides the finest solutions for filing Chapter 13 Bankruptcy cases in Denver. With the help of team, the company earned immense popularity in the country
Having filed a Chapter 13 bankruptcy case, you need to know about all of the options that are available to you. In many cases, when a person files this type of case the presumption is that she wants to retain possession of her home. However, it is possible for you to surrender a house in Chapter 13.
Laws on Bankruptcy have been changed and updated after the change in the Bankruptcy law requires that consumers must seek credit counseling before filing. The law that was inducted in October 17, 2005
Chapter 11 bankruptcy protection allows an individual or company to reorganize his debts in an attempt to manage his finances. Considered the most flexible of all the bankruptcy protection chapters, it can be the most expensive to implement due to the complexities of its codes. As the rate of succ
The Uniform Securities Act is a model statute designed to assist each state in the drafting of its securities laws. The goal of the Act is not only to provide guidance to each state so it can deal effectively with securities fraud, but also to foster uniform standards for the registration of securit
Bankruptcy is the last thing on most peoples mind when their struggling to pay their bills. However, there are times when bankruptcy is absolutely necessary. Why wait to late to seek the advice and assistance you need?
Although filing for bankruptcy will be reported to credit agencies, it does afford an opportunity to begin repairing your credit as soon as you receive a discharge of your debt. However, not everyone
As a sole proprietorship, your business is unique from other types of businesses. You don’t have to file legal paperwork to announce that you’re now an entrepreneur; you just have to accept payment for goods or services. If you want separate bank accounts for your business, you’ll
There are a lot of bankruptcy charges applicable to any person with bad credit and overdue payments. Bankruptcy is a serious life crisis and getting out of it is equal to rebirth for you. File business bankruptcy or any other related bankruptcy online. Don't take a chance and hire a trusted ban
Credit score is a crucial part of our society. Without a good credit rating, it is quite tough to obtain significant things including house, property and also vehicle.
How to protect and distribute the property and assets of someone who died can pose a thorny issue. Under Georgia law, a trust fund often provides reassurance that an individual's family will be cared for after his death. The person who manages the trust fund assets is known as the trustee, and the t
Chapter 13 bankruptcy is a type of personal bankruptcy filed in the federal court system wherein the Chapter 13 case is assigned to a Chapter 13 trustee. Chapter 13 bankruptcy is essentially an extended repayment plan created to make payments to a trustee for a term of three to five years. The Cha
The role of a mayor varies from city to city. But some common duties and responsibilities exist in a majority of cities in the United States.
Bankruptcy is probably the toughest time one could ever face. It is a situation that can literally happen to anyone – even the richest.
A director of a corporation is bound by the equitable principles of the duties of care and loyalty.businessman write marker on white desk on white background image by Anatoly Tiplyashin from Fotolia.comA board of directors is a body of elected or appointed people who exercise the primary...