Browsing Category

Bankruptcy : Business & Finance

Wage Garnishment Questions

Wage garnishment refers to a practice where your wages have deductions taken from them for the purpose of paying back outstanding debt. For those with a great deal of unpaid debt, wage garnishment may be a legitimate concern. However, knowing the facts regarding wage garnishment questions...

Can a Lawyer Take My Car Over Outstanding Debt?

If you owe money to a creditor, his options for collecting the debt are limited by the type of debt you owe. Most debts are not secured by property, so the creditor cannot take any of your property, even if he sues you for the amount of the debt. If your creditor's lawyer or a debt collector threate

How to Determine Dividend Policy & Capital Structure

Companies can obtain capital by issuing bonds and selling equity shares in the company. The mixture of bonds and equity shares is referred to as a firm's capital structure. Bondholders receive compensation for the use of funds with interest and shareholders receive compensation through share price a

What to Do if You are Trying to Avoid Bankruptcy

If you are struggling with huge debt problems you are probably feeling very scared and uncertain about what to do. You may even be worrying about the possibility of going bankrupt. However there are a number of things that you can do to try and improve your situation that may enable you to clear you

Pediatric Personal Care Assistant Salary

A pediatric personal care assistant takes care of infants, children and adolescents suffering from chronic illnesses or disabilities. Assistants may perform light cleaning duties, change bedding and help patients eat, drink and bathe. Education requirements for this profession are relatively low com

Is Bankruptcy Easy to Do Yourself?

Filing for bankruptcy is not easy to do yourself. The process is extremely complicated and detailed, and the United States Bankruptcy Court strongly recommends that you hire an attorney or seek free legal assistance. The bankruptcy courts offer free forms and general bankruptcy information online at

Chapter 7 Vs. Chapter 11 Bankruptcy in Tennessee

If your debt is unmanageable or your creditors are threatening to sue, filing for bankruptcy can help you to eliminate or reduce your debts and protect you from collection actions. There are six chapters of bankruptcy established by the federal bankruptcy code. Chapter 7 and Chapter 11 are two of th

Post Bankruptcy Credit Repair

In the wake of the financial crisis and the collapse of the housing market, bankruptcy filings have risen dramatically. Despite the fact that bankruptcy was made considerably more difficult by the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, by late 2008 bankruptcy rates had retu

Filing Bankruptcy Even Though You Are Judgment Proof

With 2011 approaching quickly, experts are predicting that there will be a high number of consumers filing for bankruptcy. The largest number of these will be filing Chapter 7 to eliminate their credit card debt, that was accumulated over the past year. One of the main reasons that individuals choos

How Many Times Can I Refile a Chapter 13?

A Chapter 13 bankruptcy will allow you to stop home foreclosures, property repossessions and to consolidate bills into a court-managed monthly payment based on the amount of disposable income you have available to repay your creditors. Bankruptcy laws dictate how often you may receive a discharge of

Income Tax Refunds in Chapter 7 Bankruptcy

Can you keep your tax refund if you file a Chapter 7 case? It's mostly a matter of timing. Here are the bullet points: - Everything you own at the time your Chapter 7 Bankruptcy ...

What Every Consumer Should Know About Debt Forgiveness

Late night television is packed full of advertisements for debt settlement companies. Many people seeking debt relief options may be persuaded into using such services, some of which are not legitimate. In such cases many ...

At What Point Do You File Bankruptcy?

For those experiencing the quicksand sensation of falling deeper and deeper into debt no matter how hard you try to escape, bankruptcy may seem like the answer. However, as a result of the 10-year scar that bankruptcy will place on your credit report, it's vital to weigh whether bankruptcy is truly

Help to Manage Debt

Having a lot of debt can be overwhelming, but there are practical steps to climbing out of debt. You need to become educated about approaches to debt, get tools that help you organize your finances and plan a strategy for getting out of debt, and work on self discipline. There are many online tools,

Is Investing 100% of a 401k Account in Stock Wise?

Participating in your company's 401k plan is a good way to prepare for retirement, but how you invest those funds can be just as critical. How much of your 401k you keep in the stock market is influenced by a number of different factors, from how long you have until retirement to your personal toler

Bankruptcy Laws In The United States of America

The bankruptcy laws in US are very complicated and the addition of the new laws some two years back has only increased the complications. If you have tried all the alternatives and have failed to get a solution for the huge burden of debts that owe to the various creditors, you may finally decide to

What Do I Do After My Bankruptcy Is Discharged?

After your bankruptcy is discharged, you can begin a life free from debt and minimum payments. However, if you have grown accustomed to getting and using credit, your life after bankruptcy may be very different. When you file for bankruptcy, your creditors typically close all of your outstanding acc

Ideas on Filing Bankruptcy

Some things that happen to us in our personal lives or in our businesses are nothing to announce from the rooftops about. However, to be on the safe side, it is always advisable to let other stakeholders in our lives or businesses get a glimpse of what is happening to us.

What Happens If a Bankruptcy Reaffirmation Is Withdrawn & Not Signed by Lawyer?

Generally, if a reaffirmation agreement is withdrawn in time, it will mean the formerly reaffirmed debt will be included in your bankruptcy. This is true regardless of whether your lawyer signed it first. Your lender may allow you to keep the collateral securing your loan, or it may seize and sell t