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Bankruptcy & consumer credit : Law & Legal & Attorney

How to Stop Foreclosure After a Chapter 13 Bankruptcy

Bankruptcy is a means of reducing or even eliminating financial obligations legally. There are different kinds of bankruptcies available to most people. One of the most useful is Chapter 13 bankruptcy. A Chapter 13 bankruptcy often allows debtors to structure their outstanding debt over a period of

Effect of Bankruptcy on a Gift

While the Internal Revenue Service (IRS) allows a classification of "gifts" for deduction purposes, no such category is provided in bankruptcy. However, while all assets must be reported when filing for bankruptcy protection, certain assets can be "exempt" from sale to pay creditors. By understandin

Can I Keep My Home and File for Bankruptcy?

A frequently asked question that I receive is whether a client can keep their home if they are filing a Chapter 7 or Chapter 13 Bankruptcy. The answer is: It depends whether a debtor can retain his/her residence in a bankruptcy depends on several factors. The factors may include the approximate valu

Top 10 Problems When Forming a Corporation

Forming a corporation offers many advantages including limited liability, potentially favorable tax treatment and enhanced business credibility. Nevertheless, there are certain inevitable disadvantages that must be taken into consideration. In addition, certain problems can be avoided as...

Bankruptcy Lawyer: Signs That You Need to Seek Out One's Help

Whether you have decided to file for Chapter 7, Chapter 11 or Chapter 13, it is time to find a bankruptcy lawyer to get some help with your case immediately, giving you the best chances of a good outcome. Read on to find out how this legal practitioner can help you.

Discharging Back Taxes And Bankruptcy

It is possible to discharge in a Chapter 7 bankruptcy some back taxes owed to the Internal Revenue Service (IRS or Evil Empire) providing certain conditions are met. It is easy to meet the conditions but it is not always done. To a degree, back taxes owed to the State of California are analyzed and

How to Sign a Nondisclosure Agreement

A nondisclosure agreement is intended to restrict the exchange of information that parties consider confidential. A nondisclosure agreement does not protect all information exchanged, however. The definition of what is considered confidential will vary in each agreement, so carefully review before s

Guidelines for Auxiliary Bylaws

Auxiliaries are often volunteer or non-profit entities that are put up to complement the activities of the main organization. Usually, they support the non-core functions of an organization or a department while adhering to the policies and rules of the founding body. State laws dictate how the auxi

Does Filing Bankruptcy Stop Student Loan Offsets?

The United States Department of Education (DOE) has the right to confiscate your federal income tax refund if you become delinquent on your student loan debts. Student loans are some of the few loans that most bankruptcies can't eliminate, but filing bankruptcy may help you temporarily with your inc

Getting a Chapter 7 Attorney for Bankruptcy Filings

A Chapter 7 attorney can help a client file the most common type of bankruptcy declaration. With this type, the client can liquidate their assets and many times get rid of the debt they owe.

Can You File Your Garbage Bill in Bankruptcy?

The ultimate goal of a bankruptcy case is to relieve you of your existing debt burden. This objective is accomplished through a discharge or a reorganization of your debt. All of your debts, including any past due amount, need to included in your bankruptcy filing.

Bankruptcy FAQs

Considering filing for bankruptcy, but don't know where to begin? If you're considering filing for bankruptcy, you probably have a hundred questions and concerns weighing on your min

EIA Tower Specifications

Telecommunications antenna and structures must meet standards set forth by the EIA and TIA.antenna image by Pali A from Fotolia.comThe Electronic Industries Alliance (EIA) has specific guidelines regarding the specifications for towers. These standards apply to all communications towers,...

Chapter 7 Bankruptcy Procedures

Chapter 7 BankruptcyChapter 7 bankruptcy is also known as a liquidation bankruptcy. The bankruptcy filing will stay on your credit report for up to 10 years, so the first thing you should consider when contemplating bankruptcy is whether it is your only option. Once that is determined,...

Bankruptcy Judgment Questions

When someone does not pay a bill as promised, the creditor has the legal right to pursue a civil judgment against that person. If the consumer loses the lawsuit, a judgment is entered, which can lead to wage garnishments. At this point, some people may choose to file bankruptcy, according...

What You Need to Hear From Your Bankruptcy Attorney

Filing bankruptcy is a big decision, and a professional bankruptcy attorney should explain the negative effects of filing bankruptcy. Your attorney should also give you advice on how to rebuild your financial status.

Debt Recovery Tribunal In India

In many of the developing countries and the transition economy, the quality of the formal judicial institution is poor. The cases in the court are subject to long delay. As a result the economic agent

Can I Hire an Attorney After Filing Bankruptcy on My Own?

If you are behind on your debts, and do not see any reasonable chance of catching up in the near future, consider filing for protection from your creditors through the U.S. Bankruptcy Courts. An automatic stay is entered immediately upon the filing of a petition for bankruptcy, which will prevent cr