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Bankruptcy : Business & Finance
Foreclosure Advice for Homeowners Planning To Walk Away From Their Property
A house is set for foreclosure after the homeowner has missed at least two consecutive mortgage payments. The whole process can take months before the documents can be finalized and the home is sold in ...
Bankruptcy Can Wipe Out Most of Your Debts
For those who face overwhelming amounts of debts and what seem like insurmountable financial obstacles, the prospect of a Chapter 7 bankruptcy can be very attractive. Of course, bankruptcy should not be taken lightly as it has serious long-term consequences. Nevertheless, it can provide the relief y
Are You Still Protected When You Make Your Last Payment to the Trustee?
Federal Chapter 13 bankruptcy laws require that you repay a portion of your qualifying debts to your creditors over a period of three to five years. The bankruptcy court will determine a payment plan that you can afford, and you will make installment payments to a court-appointed trustee until the c
How to File Customer Service Complaints
When you don't get the service you want or expect from a company, you may have to file a customer service complaint. Sometimes this is your only way to resolve a problem. If you have spoken to the company's representatives, cashiers, correspondents and supervisors to no avail, filing a formal compla
Informal Bankruptcy
Can informal bankruptcy get rid of your credit card debt? Only if you are prepared to be sued.
Top Bankruptcy Law Firms Hiring the Perfect Attorney
The legal system has taken some negative hit due to the activities of some profit driven lawyers. It does not take away the fact that there are some other lawyers who have upheld the high standards in the industry. When you are seeking for an attorney who would help get you out of your financial rum
Bankruptcy Remedies
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 provides remedies to debtors and creditors. Bankruptcy grants immediate relief to debtors with overwhelming debt. Debtors who utilize bankruptcy to their advantage are able to maintain an affordable standard of living while relinqui
Bankruptcy Can Provide Relief to Financially Troubled Generation Y
"Millennials," "Echo Boomers," "The Net Generation" and "Generation Y." Over 50 million American teens and twentysomethings strong, this age group has been called many things - and and the people who make it up are regularly predicted to be less successful and
Debt Negotiation Vs. Debt Consolidation
If you are overwhelmed by the amount of debt you have, debt negotiation and debt consolidation both offer solutions to your problem. Both of these options require you to pay off the debt that you currently owe, but they work to reduce your monthly payments and to save you interest over time. These a
Foreclosure & Chapter 7
If you are having trouble making your mortgage payment, contact your lender immediately to explore possible foreclosure prevention methods. Some options include refinancing at a lower interest rate, requesting a forbearance, modifying the loan or selling the property through a short sale. If you exh
Chapter 7 Bankruptcy
Chapter 7 bankruptcy is generally the quickest form of bankruptcy and is available to individuals, couples, corporations and partnerships. To be eligible to file Chapter 7 bankruptcy it needs to be determined by conducting a means test which was regulated together with the 2005 amendments of the ban
How to Negotiate a Write-Off Debt
Negotiating a debt that a creditor considers a write-off is possible in writing or over the telephone. The creditor officially lists the debt as a charge-off after considering it noncollectable because you stopped making payments as agreed. Charge-offs usually occur after debts are past due by more
Will Filing Bankruptcy Cause Me to Lose My Home?
If I am filing bankruptcy, will I lose my home. Should I do a short sale if I do not want to file for bankruptcy.
Can I Get a Student Loan After I File Bankruptcy?
Many students are concerned that they won't be able to continue their education after they file bankruptcy. The truth is that bankruptcy is not an obstacle to continuing your education.
What Are the Typical Penalties & Interest on Tax Debt?
Taxpayers are expected to pay any tax owed on or before the April 15 tax deadline. Taxpayers who are late filing their returns are assessed additional penalties and interest on the tax owed.
Business Debt Relief Scams
Debt relief scammers prey upon those who are already in difficult financial straits, hoping to con them into paying big bucks in return for reducing their current debt burden. While there are plenty of ethical debt relief and credit consulting firms, this sector of the financial industry remains a h
Filing Personal Bankruptcy - Must Know Facts and Advice
Unemployment has reached a particularly high increase. Determining to file isn't a comfortable call for the majority of the people. Most of the people need to Pay Their Bills: There are some folks who start with the point of filing personal bankruptcy.
When Filing Bankruptcy You Should Know the Rules - Help Getting Fast Debt Relief
If you are in a situation were you need to file for a Bankruptcy then you need to know the rules so you can better equip yourself for your situation. We all get into trouble from time to time and sometimes it is necessary to file for Bankruptcy do that we can get a fresh start. It is important to kn
New Bankruptcy Law Restrictions Lifted for Scores of Hurricane Victims
Victims of both Hurricane Katrina and Hurricane Rita may now file for bankruptcy without many of the filing requirements facing most debtors today. Find out what restrictions have been lifted for the survivors here.
Benefits of Filing Bankruptcy - How Can You Get a Fresh Start With Bankruptcy?
Are you confused about the bankruptcy process? Take the mystery out of the bankruptcy process by learning the true facts. Thousands of people in every state in the country have found bankruptcy to be the relief they need to start over with their financial situation.