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Bankruptcy : Business & Finance

How to Properly Prepare and File For Bankruptcy

Are you thinking about filing for bankruptcy?This process can seem daunting and overwhelming in the midst of an already stressful time.Here are the basic steps in the filing process...

Credit Counseling or Debit Relief: Which Is Best?

If you're faced with an overwhelming amount of credit card debt that you can't handle yourself, you have two main options that can help you to avoid bankruptcy. Credit counseling and debt relief share the goal of getting you out of debt, but go about achieving this goal in completely different ways.

File Bankruptcy Online - Don't Do This Yourself

The United States Bankruptcy Court makes provisions for bankruptcy attorneys to file online petitions on behalf of their clients or debtors. For this, several law organizations have incorporated online bankruptcy forms processing in their websites.

The Power of the Bankruptcy Automatic Stay

One of the most useful aspects of filing for bankruptcy is taking advantage of the automatic stay provision.If you've ever been hounded by creditors looking for payment, you know how incredibly stressful this can be.The automatic stay forbids creditors from contacting you without getting the co

What Is a Periodic Garnishment?

When you owe money to a creditor, it can use several strategies to collect the debt that you owe. One of these is a periodic garnishment. With a periodic garnishment, portions of payments that you receive, such as wages, can be taken by the creditor before they reach you.

Legal Steps for Stopping Car Repossession

The increase in industrialization and capitalization in the society has changed and upgraded the standard of living of lot of people. Employees and managers earning handsome salary packages get the key to owning anything what ...

How to Get Out of Debt with Dave Ramsey

Dave Ramsey is a popular author and radio show host who gives practical advice on getting out of debt. He has his own system of "baby steps" for getting out of debt and . Read on to learn more about the portion of Dave Ramsey's system that deals with getting out of debt.

What Happens to Your Stock When a Company Files for Bankruptcy?

What happens to your stock when a company files for bankruptcy depends on whether you own common stock or preferred stock. No matter what class of stock you own, if the company files for bankruptcy, your stock may still be worth nothing.

Beware of Bankruptcy Credit Card Info Scams

Obtaining bankruptcy credit card info is easy but getting good information is not all that easy. Most of the information that arrives in your mailbox is basically junk mail and should be treated as such. Do not be lured into any card offer without doing a good job of research. You must remember that

Commercial Lending For Improved Business

Money is an important asset and sufficient capital needs to be secured in order to run any business. Today’s economic environment demands that we work harder than ever before.

Filing Chapter 7 Bankruptcy

An individual, a partnership, or a corporation or other business entity is eligible for relief under chapter 7 of the Bankruptcy Code. A husband and wife may file a joint petition or individual petitions. A debtor files chapter 7-bankruptcy petition with the bankruptcy court. The court must be servi

Precisely How Instagram Aids In Organization

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Making the Decision to File For Bankruptcy

Facing financial stress is never fun, especially when things are so serious that you are contemplating filing for bankruptcy protection. If you are seriously considering this alternative, one of the most important things that you can do is take a pause and reflect on your situation.

Government Debt Relief Information

The federal government offers eligible business owners and individuals the opportunity to resolve many past-due debts through the bankruptcy process. People should not declare any type of bankruptcy lightly, as this decision can lead to financial and sometimes emotional consequences.

Can I Get a Rental Supplement if My House Is Being Repossessed?

If a homeowner doesn't pay his mortgage, the bank can repossess his home and resell it. This process is called foreclosure. If the defaulting homeowner rented the home out to tenants, those tenants have the right to remain until the end of their leases. If a tenant is on Section 8, which means the s

How to Stay on Top of Bills During Bankruptcy

One big worry bankruptcy filers have is paying on regular bills during a bankruptcy. This guide gives some action steps for paying bills, protecting assets, and reaping the rewards of bankruptcy.

How to Dismiss a Chapter 7 Bankruptcy in Colorado

The Colorado bankruptcy court trustee overseeing your case is the only person who can dismiss your Chapter 7 filing. However, you can request a voluntary dismissal by filing a Motion to Dismiss with the court. If the trustee feels that dismissing your petition is unfair to you or your creditors, he