Bankruptcy can be a complicated process for those who are scared to utter the term and those who simply don't want to admit that it's happening. One part of the bankruptcy process for businesses is known as liquidation of assets. For business owners, liquidation is...
Month: April 2017
How to deal with overwhelming debt in New York
Debt is not an uncommon topic these days as more and more people find themselves in this predicament. People get into debt for various reasons: illness, unemployment, penchant for spending, mismanagement of money and more. Today we will discuss how you can deal with...
Get your tax audit questions answered
It happened. You got the letter you have been hoping to avoid. The Internal Revenue Service has picked you for an audit. Now what? Even if you are certain that you have done everything right on your taxes, audits happen. If you have never been through an audit before,...
Make your student loan payments more manageable
Debt is a serious topic and something that should never be taken lightly. When people get into debt, they might find themselves struggling to climb out of it. Others know exactly how to handle their debt, even intended debt, and how to pay it off within a reasonable...
Why does what you own affect a Chapter 13 bankruptcy?
A Chapter 13 bankruptcy differs in a lot of ways from a Chapter 7 bankruptcy. One of the major differences, of course, is that Chapter 7 is considered a liquidation -- you have to give up the right to any property that the court deems unnecessary, or nonexempt....