Bankruptcy : Business & Finance

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Can a Collection Agency Sue You to Collect?

Can a Collection Agency Sue You to Collect?

Collection agencies collect debt in a variety of ways, and each independent collection firm has its own policies governing the debt recovery methods it uses. While collectors typically utilize upfront collection techniques, such as letters and telephone calls, some pursue legal recourse against debt......[Read More]
The Good and Bad of a Debt Settlement

The Good and Bad of a Debt Settlement

This article would help us understand the various details of debt settlement under chapter 7. A vast majority of bankruptcy filers to their good fortune are not subject to the means test since if your when compared to the state median income, their income is lower than that.......[Read More]
Afford The Vehicle You Want With Car Finance

Afford The Vehicle You Want With Car Finance

If you cannot afford to buy a good quality, reliable car then you could end up spending more money in the long run on repair bills and servicing. It will be much more cost effective and less hassle for you to spend a bit more money and get a solid car that will not need a lot of work.......[Read More]
Understanding What Happens With Your Bankruptcy Debt

Understanding What Happens With Your Bankruptcy Debt

Most people do not know how their debt is handled if they file bankruptcy, and there is not a simple answer to the question. You need to understand your options and how the law applies to your situation before you can know how your bankruptcy debt will be handled.......[Read More]
How to Sue for Violations of the FDCPA?

How to Sue for Violations of the FDCPA?

The Fair Debt Collection Practices Act protects consumers from abusive, illegal and harassment tactics by creditors, including collection agencies. The FDCPA has numerous provisions for creditors. For example, a creditor cannot threaten you with jail or with a lawsuit if the creditor has no legal st......[Read More]
How to File for Personal Bankruptcy in Washington State

How to File for Personal Bankruptcy in Washington State

If you have reached a point where you simply cannot stay on top of your debt, bankruptcy may be the clean slate you are looking for. In the state of Washington, you can file for two types of bankruptcy, depending on your circumstances. One wipes out your debts while the other extends your repayment ......[Read More]
Ways to Collect Unsecured Debt

Ways to Collect Unsecured Debt

Persuading a debtor to pay you what she owes can be a challenge, particularly if the debt is unsecured by collateral. Techniques for getting debtors to pay their bills vary according to your goals and the debtor's circumstances, but usually include negotiation, referring the account to an.........[Read More]
State of Virginia Bankruptcy Laws

State of Virginia Bankruptcy Laws

Bankruptcy law in Virgina is designed to provide parameters for businesses and individuals to find relief when confronted with insurmountable debt. The particular laws governing bankruptcy vary by the particular chapter being filed. Chapter 7 bankruptcy has regulations relating to the liquidation of......[Read More]
Types of Small Business Bankruptcy

Types of Small Business Bankruptcy

Starting a small business is tough, and some small businesses do end up having to file for bankruptcy. If your small business is struggling to stay afloat, and if a financial workout isn't an option, you may have to file for bankruptcy. ......[Read More]
Credit Repair After Bankruptcy

Credit Repair After Bankruptcy

A lot of people think that bankruptcy is an end to their credit life, but the fact of the matter is credit repair after bankruptcy is possible. Time and patience will be absolute virtues along the way, however.......[Read More]
Real Claims - Ppi Reclaim Specialists

Real Claims - Ppi Reclaim Specialists

PPI (payment protection insurance) was implemented initially in order to help consumers by protecting them should they fall ill, or be made redundant and struggle to repay their premiums.......[Read More]
Can Bankruptcy Discharge a Default Credit Card Judgment?

Can Bankruptcy Discharge a Default Credit Card Judgment?

Bankruptcy can discharge a judgment against you from a credit card that you have defaulted on in certain circumstances. Filing a chapter 7 bankruptcy will discharge unsecured debt and judgments, including any property liens and wage garnishments because of a judgment. If you file a chapter 13, you ......[Read More]
Five Top Alternatives To Personal Bankruptcy

Five Top Alternatives To Personal Bankruptcy

"America is in the midst of bankruptcy crisis" says a former U.S. senator. Since U.S bankruptcy laws were established a century ago, some twenty millions Americans have filed for personal bankruptcy, and more than half of this have done so since 1985. By the middle of 1998, bankruptcy fili......[Read More]
When To Hold Off On Filing For Bankruptcy

When To Hold Off On Filing For Bankruptcy

Although bankruptcy can provide asset protection while working to reduce your debt burden, the process can be complicated because it is heavily governed by rules about the filing process. If you have considered filing for bankruptcy, there are a few things you should know about when is and is not a ......[Read More]
Why You Should Never File Bankruptcy

Why You Should Never File Bankruptcy

You know what it feels like to cringe when the phone rings. You stare at it, willing it not to be a bill collector. Let it be someone who is offering you a job, you pray. You pick up the phone gently, hoping, praying, but no, it's another creditor.......[Read More]
Common Types of Bankruptcy Fraud

Common Types of Bankruptcy Fraud

During difficult financial times, individuals may find it difficult to maintain financial responsibility for their debts. Credit card debts, mortgage payments, and medical bills can be overwhelming, especially if the person is facing unemployment, illness, disability, or other life events that affec......[Read More]
How to Pay Off Debt Fast

How to Pay Off Debt Fast

The best time to pay off debt fast is when the economic outlook is uncertain. If things do end up going downhill economically, then it is certainly best to be in a position where all personal debt has been paid off. So how can you pay off debt fast? Here's some ideas that can help.......[Read More]
Get Answers to Those Plaguing Bankruptcy Questions

Get Answers to Those Plaguing Bankruptcy Questions

The best place to get answers to bankruptcy questions is on the Internet. The World Wide Web has a wealth of information about filing bankruptcy and similar topics on it. As the Internet has progressed, so has its popularity and expansion of websites that contain a large amount of information on the......[Read More]
Timeline of a "Typical" Individual Chapter 11 Case

Timeline of a "Typical" Individual Chapter 11 Case

Timeline of a Typical individual Chapter 11 Bankruptcy Case......[Read More]
Are You Considering Personal Bankruptcy?

Are You Considering Personal Bankruptcy?

There are many reasons that a person might think about filing for personal bankruptcy. They may have accumulated more debt over time than they could possibly pay, or they may have suddenly found themselves with a lot of unexpected expenses, causing them to be unable to pay them all. It can be a very......[Read More]