Tag: Chapter 7 Title 11 United States Code
How Bankruptcy Can Affect Your Tax Situation
The tax season can be a very hectic time for most people. The complexities found within the tax code can cause anyone to have a headache. However, for those who declare bankruptcy, the tax season becomes an even more complex time for them. Here are things to consider on how a bankruptcy can affect a […]
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Learning to Differentiate Between The Various Chapters Of Bankruptcy
In the United States, there are six ways an individual or company can file for Bankruptcy. These are known as Chapters, and are referred to by a number as specified in Title 11 of the Code of Laws of the United States. It can be difficult for anyone going through the stress of bankruptcy to […]
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Four Common Questions Regarding Declaring Bankruptcy
Bankruptcy is one of the most misunderstood financial tools that debtors have at their disposal. While it is perceived to be an event that causes you to lose everything, that is not necessarily true. It is actually a very freeing experience for many who utilize it. Bankruptcy can allow people to recover from serious financial […]
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Sinking Ship: Saving Your Family’s Finances When Your Small Business Fails
Starting your own business is an exciting and challenging experience. It gives you the opportunity to set your own schedule, to be your own boss and control your own life. Unfortunately, it also presents some unique challenges and pitfalls if your business fails. One of these pitfalls is that the finances of yourself and […]
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Easy Steps to Hiring a Bankruptcy Attorney
Filing for bankruptcy is not a matter to be taken lightly. You need to have someone on your side to help you get through the process in the correct manner and help you avoid common pitfalls that so many fall into. A great bankruptcy attorney is just the person to have on your side. […]
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Debt Settlement and Other Options
There are many ways to settle debts with creditors, and one of these ways is Debt Settlement. The borrower clears off his debt through a onetime lump sum payment for an amount which is much lower than the original loan amount. Another form of debt settlement is by making reduced monthly payments to clear off […]
