Bankruptcy : Business & Finance

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How To Find And Choose Affordable Bankruptcy Lawyers?

How To Find And Choose Affordable Bankruptcy Lawyers?

Before initiating your search for an appropriate bankruptcy attorney, it is important that you understand that there are 4 main kinds of bankruptcy - Chapters 7, 11, 12 and 13. Out of these only the ... ......[Read More]
How to Pay My Bills Now That I'm Laid Off from Work

How to Pay My Bills Now That I'm Laid Off from Work

If you've been laid off, adhering to a strict budget helps you stay on top of bills. Making all your purchases with credit cards will only deepen your debt. Instead, plan ahead and keep a budget. Budgeting your money not only helps you keep track of your expenses, but also helps you handle money res......[Read More]
Should I Settle for a Debt Settlement?

Should I Settle for a Debt Settlement?

Sometimes settling on a debt is the only way to get it paid off.credit card and hand image by Warren Millar from Fotolia.comAccept Settlement OfferThere are a few benefits to settling a debt, rather than leaving it unpaid. According a The Credit Info Center, settling a debt can help a.........[Read More]
Is Bankruptcy or Charge-Off Better for Mortgages?

Is Bankruptcy or Charge-Off Better for Mortgages?

Unlike a credit card, when a mortgage is charged off, it is reported as a foreclosure, deed in lieu or short sale. The method in which it is charged off is based on your preference as a homeowner. An alternative to a charged off mortgage balance is bankruptcy. However, both options carry substantial......[Read More]
Reasons Why Your Wages Could Be Garnished

Reasons Why Your Wages Could Be Garnished

Tax LevyA tax levy can be placed on a person by the federal government if that person has failed to pay the taxes associated with estates, gifts or income. If these taxes are not properly reported and paid, or if an individual fails to file his income tax return altogether, then the IRS.........[Read More]
What Situations May Warrant Bankruptcy?

What Situations May Warrant Bankruptcy?

In today's economy we are all faced with the possibility of a layoff from work or a downturn in our financial situation. An unforeseen medical emergency can force you over the edge of your budget.......[Read More]
Debt Payment Strategies

Debt Payment Strategies

There are many theories that exist for paying off debt. Three basic principles apply for the most effective and rapid reduction. Budgeting and prioritizing a payment schedule, selling something to generate a quick cash influx, or earning more money are some of the best strategies to improving your......[Read More]
How to Become a Magistrate or Judge in South Carolina

How to Become a Magistrate or Judge in South Carolina

The South Carolina court system employs judges in the trial courts, appellate court and supreme court. In addition, there are magistrates assigned to each county that have jurisdiction over criminal cases where the possible penalty is less than 30 days in jail or a fine of not more than $500. Magist......[Read More]
Do You Have a Failing Business? Consult With a Chapter 11 Bankruptcy Lawyer Before Filing!

Do You Have a Failing Business? Consult With a Chapter 11 Bankruptcy Lawyer Before Filing!

Owning a business is a dream of many, whether the business started from scratch or was inherited from a relative or family member. There are many resources that one can find through the internet and other publications on how to successfully manage a business.......[Read More]
How to Pay Bills and Become Debt Free

How to Pay Bills and Become Debt Free

Pay bills and become debt free to find freedom from financial worries and the bill collectors.You can make this work for you without help from consumer counseling services, but you must be determined and want financial freedom.......[Read More]
What Are Debt Covenants?

What Are Debt Covenants?

When businesses plan to raise capital, they can do it in several different ways, depending on their current debts and what balance they want to strike between debt and equity. A very common method of raising capital through debt is by issuing bonds, securities that act like loans that investors can ......[Read More]
How to Remove a Lien After Chapter 13 Discharge in Florida

How to Remove a Lien After Chapter 13 Discharge in Florida

In Florida or elsewhere, before your receive your Chapter 13 discharge, liens against your property can be removed by filing a motion with the court. The motion asks the judge to "void" them when you complete your bankruptcy repayment plan, because once you pay off the attached debt and it is discha......[Read More]
How to Write a Contract for a Debt Pay Off

How to Write a Contract for a Debt Pay Off

In the United States, the total amount of personal debt people have stood at over $2 trillion in 2009, as reported by the Money-Zine website. Revolving debt (e.g., student loans) make up the majority of this debt. According to Mindy Fetterman and Barbara Hansen of USA Today, young people thus are th......[Read More]
Family Debt Management

Family Debt Management

Debt is a family matter, especially when finances become tight and debt account head towards default. Although not everyone is affected by debt in the same way, debt and bankruptcy can have a lasting impact on the whole family. Before ending up in financial disaster consider a few important points a......[Read More]
When Should I File for Bankruptcy?

When Should I File for Bankruptcy?

Bankruptcy is a legal process by which you can either discharge your debts or receive a court structured repayment plan. The type of bankruptcy you are eligible for depends upon your current income and assets.......[Read More]
Does Filing Chapter 13 Wipe out Unsecured Debt?

Does Filing Chapter 13 Wipe out Unsecured Debt?

Known mainly as a debt reorganization plan, Chapter 13, as it is commonly called, may have the ability to wipe out certain debts through a court-approved repayment plan. These debts are not totally forgiven, nor cleared, but rather paid by the borrower over a period of time, generally three to five ......[Read More]
How Financing In Real Estate Is Possible After You File For Bankruptcy

How Financing In Real Estate Is Possible After You File For Bankruptcy

Have you lately filed for bankruptcy like a few individuals or groups? Going bankrupt frequently discourages individuals since this hampers forthcoming outlay plans such as real property. A credit record that is tarnished by bankruptcy usually discourages a creditor to accord the loan. While there i......[Read More]
Bankruptcy Loans - A Brief Guide

Bankruptcy Loans - A Brief Guide

A brief guide to Bankruptcy Loans. If you've got far enough down the financial road to declare yourself bankrupt, then you've put a massive obstacle in your way with regards to taking out credit in the future. Providing you handle things carefully though and be completely truthful with loa......[Read More]
Who Is Eligible for Chapter 11 Bankruptcy?

Who Is Eligible for Chapter 11 Bankruptcy?

Chapter 11 bankruptcy is most commonly filed by businesses. Businesses that file for Chapter 11 bankruptcy are allowed to restructure or reorganize the business in a variety of ways in order to reduce or eliminate debt. Many times, the people in charge of the business remain in control and are able ......[Read More]
Strategies for Debt Final Judgments

Strategies for Debt Final Judgments

If a court has issued a final judgment against you, then knowing the proper strategy for combating that judgment could mean the difference between having it thrown out entirely and spending the next several years (or more) repaying the debt. Doing research into the ways in which you can fight these......[Read More]