You see, we should be very thankful that we are born in this modern generation because of the existence of the Internet. With the Internet, every information (whether about no taxes or any other such as internal revenue service, my pay, file state taxes or even federal tax refund) can be found with ease on the Internet, with great articles like this.If you do live in a state that was listed, the amount of tax you will be charged will depend on...more
Few things can be more frustrating than being in debt up to your eyeballs. What makes it all worse is knowing that you can't pay it back or even make your monthly payments. Not only do you think about this unmanageable debt day and night, but you also have collectors calling you daily. This in and of itself is time consuming and frustrating because even though you tell them today that you can't make the payment, they call again tomorrow asking...more
Author: howard SnyderThere are many horror stories and myths about people who file for chapter 7 or chapter 13. All of these are based on misinformation and speculation rather than fact and never based on actual bankruptcy information. If you want to know how to file for bankruptcy, keep reading this short article and you will know how to get a free evaluation.When you are in deep financial trouble due to a medical condition, loss of job or cut in pay and you have fallen behind on your payments, the first thing you need to do is take a deep breath and realize that you have been afforded by law, many options that will help you get back on your feet, stop creditor harassment, eliminate repossession debts, stop wage garnishments, end lawsuits and license suspensions and lower your car payment. When you file for chapter 7, you can begin rebuilding your credit once you get your court approved discharge while also keeping your home, your car and other possessions. Contrary to popular belief, no one but your attorney and yourself will know that you filed for bankruptcy and while there is a social stigma that people who file are deadbeats, the opposite is what is actually true. You are...more
Author: howard SnyderA bankruptcy filing should only be considered as a last resort measure. If you have exhausted all other possibilities, your minimum payments are no longer within your means and you are already defaulted in a few payments or if you have lost your income you are no longer able to repay your debts, then it is time to consider...more
If you need you debts to be eliminated or need additional time to repay bills, then filing bankruptcy may be an alternative for you. Filing bankruptcy may help you get rid of debt and stop foreclosure or repossession. Where do I find Chapter 7 Bankruptcy Fees? Bankruptcy filing and miscellaneous fees listed below are current as of July, 2009. ...more
Financial debts can be a heavy burden to carry especially if you cannot find any means to pay your debts. The last option you can ever think of is bankruptcy and filing for chapter 7 bankruptcy to be exact. The quicker the process, the more you want to file a chapter 7 type of bankruptcy. You cannot wait to be free of debts and finally start a new life living without debts.In the list of types under bankruptcy, chapter 7 is the most efficient tool in discharging debts compared to other types of bankruptcy. That is why chapter 7 is sometimes referred to as straight or liquidation type bankruptcy. The process is efficient in eliminating debts. Chapter 7 discharges your debts through a process called liquidation. Unlike chapter 13, which is a repayment plan that can have a time period of several years, in chapter 7, you do not have to deal with paying your debts later after filing for bankruptcy. Almost all your debts are automatically discharged once you hand over your nonexempt properties to your assigned bankruptcy trustee for liquidation. The bankruptcy trustee will be the one to handle and distribute any money to your creditors that has been generated from the...more
Filing for Chapter 7 bankruptcy can be a powerful device for dealing with tremendous debt. But it isn't available to everyone. There are a number of situations in which you will not be allowed to file Chapter 7 bankruptcy.What is Chapter 7 Bankruptcy...more
The bankruptcy laws are different in California and if in moments of great hardships, bankruptcy is the only solution that you can find, then take heed of the laws that are not the same in California. The laws differ and provides debtors the choice...more
It is important to know the reasons causing Bankruptcy and the things essential to know before filing bankruptcy. Why it happens? Or what compels a borrower to declare that he or she is bankrupt? It is important to assess the factors that make you...more
What is about to surface could be named as an alarming statistics, or reality disclosure and a warning for homeowners. This is RealtyTracs annual U.S. Foreclosure Market Report for 2008 indicating that 2,330,483 properties nationwide entered some...more
Making the decision to file bankruptcy is not easy. If you are just beginning your search, type bankruptcy attorney California in a search engine for an extensive legal community focused on providing quality assistance for businesses and individuals....more
The California Bankruptcy Court system is divided into several districts, with offices located throughout the state. For the individual or business considering bankruptcy, they provide documentation on services and consultations available. Consumers...more