Few things in life cause as much anxiety as notification that you are being audited by the Internal Revenue Service (IRS). There are certainly red flags that can trigger an audit, however, and some of those include: Getting paid in cash Working in an industry where...
Going through a bankruptcy filing is stressful. When you realize that you need to file for Chapter 13 bankruptcy in Long Island, you should do so with the help of an experienced bankruptcy law attorney. You will want help when filing and navigating the entire process,...
If you are one of the many New York residents who is financially struggling, you have likely started looking into what debt relief options are available to you. You have likely seen and heard advertisements for help that seem far too good to be true — and they...
Filing for bankruptcy is a huge decision for most people. The chances that you've agonized over this decision are great. In many cases, this is the only option that will allow you to get the financial relief that you need. We understand the position you are in and...
Filing for personal bankruptcy never means that your life as you know it is over. In fact, it should be viewed as a new start for you and your family. Bankruptcy should not be viewed as a last-ditch effort. It also shouldn't be viewed as an embarrassment. You need to...
If you've run into a host of financial problems and cannot find a way out, it's likely you are headed for a bankruptcy filing. Not every bankruptcy plan will be approved though. There are quite a few reasons why bankruptcy filings are denied by the court. So, what are...
When people or businesses find themselves in a shortage of cash, they tend to liquidate their assets in an effort to fix their financial issues. The decision you will need to make when liquidating an asset is doing it quickly or doing it for the highest value. For the...
If you've built up debt during your lifetime, you know how difficult it can be to work your way out of it no matter how hard you try. Many people in debt find themselves filing for bankruptcy. This is not the end of the road for your life, so don't worry that it is....
Dealing with overwhelming debt can have many negative consequences on your life. Besides the stress that comes with missing payments and knowledge that you cannot hope to catch up on your own, you may have to deal with phone calls and other forms of contact from...
The bankruptcy filing for Gordmans department store has finally come to an end. The store is based in Omaha and it had a liquidation plan approved by a bankruptcy court. The approval for liquidation occurred just less than one year since the company entered into the...
