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Bankruptcy : Business & Finance

Better Safe Than Sorry

Many people fear that they will go bankrupt and the fact that the economy still is not where it should be creates a lot of fear among American individuals today. When people spend more than they can afford because they do not have enough money to cover their bills or they are just simply not smart w

Is it Better to Pay off Bills or Hold Onto Money?

Determine where to put each dollar.dollars image by Marek Kosmal from Fotolia.comDebt Adds upPaying off bills is advantageous because debt can carry upward of around 30 percent interest, which means you pay for something you never see. Debt should never be ignored because it never goes...

Can You Declare Bankruptcy on a School Loan?

Bankruptcy reform laws passed in 2005 have made it nearly impossible to discharge federal student loans in bankruptcy proceeds, according to the U.S. Bankruptcy Court. Some exceptions may apply to your case, particularly if your student loan came from a private lender.

Choosing the Best Way to Pay Off Debt Fast

Getting out of debt is a problem that plagues many people. Unfortunately for many people the problem is one without a solution€"not that a solution doesn't exist by any means. Many people simply need help ...

Filing Bankruptcy Might Be an Ace in the Hole for Americans in Debt

Nowadays, it's hard to know who to believe when it comes to economic issues. But after watching the news today, it was reported that the economy is getting better because gas prices are rising. They have also said that unemployment is continuing to decline.

Defaulting on a Timeshare Mortgage

The average timeshare cost more than $20,000 a year in 2008, but owners may sell their piece of the property for as little as $1, according to Roger Yu of "USA Today." You may grow tired of going to the same place every year, and perhaps you can't afford to pay thousands of dollars in maintenance an

What Every Secured Party Creditor Needs to Know About UCC-1 Forms

It is utterly important for secured party creditors to know the proper way to fill out and file a UCC-1 form. Filing and completing the form correctly can not only properly secure the loan but also protect the debt from being discharged through bankruptcy proceedings.

Cost of Bankruptcy - Why You Need to Analyze it Completely

The cost of bankruptcy is an aspect you need to investigate before you decide that this is the way for you to get out of your financial situation. Since you are already broke you do not want to end up in a situation where you will end up in more debt.

How to Pay Off Chapter 13 Earlier

Chapter 13 bankruptcy allows you to place all of your debts into one large debt. You pay a certain portion of the debts faithfully each month and then, at the end of your bankruptcy term, your debtors write off the percentage of the debt that you weren't required to pay, which varies depending on yo

Bankruptcy in 2010 - How to Avoid Bankruptcy and Eliminate Debts in 2010

Consumers take loans to fulfill their partial needs and when these needs are satisfied they spent years of their life to payback the money they owned. This problem is faced by millions of people in the current times. The banks, lenders, and other financial institutions are getting more and more prof

Laws Against Creditors Calling Your Place of Employment

The law protects debtors from being harassed by debt collectors.debt defined image by Christopher Walker from Fotolia.comWhen the economy sours, debt collectors turn up the volume with harassing phone calls---often at work, where the embarrassment factor is greatest. However, the Fair...

Length of a California Bankruptcy

The length of a California bankruptcy depends primarily on the specifics of the case. The chapter of bankruptcy you choose, the intricacies of your financial situation and the thoroughness of your petition can all play a role in the length of your case. However, if you have a simple case, your Calif

Going Bankrupt? What Are the Alternatives?

Going bankrupt is not such a stigma as it used to be, though there may be better alternatives. In this article we will examine the process of going bankrupt, when it might be appropriate, and what the alternatives are.

How to Find Out if a Bill Collector Is Legitimate

Some consumers automatically assume that when a bill collector calls, he has every right to do so. But not every bill collector who calls is legitimate. Some individuals or companies may pose as bill collectors as a way to collect personal information about people. Research the company before procee

2 Things to Consider About Bankruptcy Before Filing

Many of us struggle with the choice to file bankruptcy or not. In this article, we are going to discuss the advantages and disadvantages of doing so. You will have a great idea of the overall big picture view of bankruptcy.

How to Prevent Bankruptcy From Happening

Many people get out of debt by filing for bankruptcy. It seems to be the most convenient, easy way, but if you can avoid having to go in that direction, it will be better. Consumers should try to stay away from this financial failure as much as possible.

Can You Get Unemployment If You Are Laid Off a Seasonal Job in Minnesota?

Each state is responsible for setting its own unemployment laws and administering benefits to unemployed individuals who worked for businesses within its jurisdiction. In Minnesota, the Unemployment Insurance Program provides short-term benefits to qualified applicants who are not working. Generall

How to Reduce and Consolidate Debt

Debt can be a powerful force in any borrower's life. Monthly debt payments can easily creep up to be a large percentage of a borrower's monthly expenses. Through proper budgeting and consolidation, a borrower can reduce his monthly debt expense as well as pay off the debts sooner. The first step, re