If you are wallowing in debt, you are likely having trouble finding a way out of it. Debt can pile up quickly. This is an issue that millions of Americans face each year. Bankruptcy is the best option available for those who are swimming in debt with no end in site. As you prepare to consult with your attorney, be sure to ask the questions outlined in this post.
A couple previously convicted for fraud following a hurricane have filed for bankruptcy, according to a report. The couple hails from Jasper and had been convicted in 2017 for theft and fraud due to diverting hurricane relief money illegally.
Life after filing for bankruptcy does not have to come to a grinding halt. Bankruptcy is an excellent option for those who have fallen on hard times financially. It is not the end of the road for you financially. In fact, bankruptcy must be looked at as a rebirth for your finances. Once you exit bankruptcy, you can begin to build your credit and financial portfolio again.
Bankruptcy is not the end of the world. In fact, it is a new beginning for those who file. Whether you are filing for yourself or for your business, bankruptcy can change your life for the better. The word still carries with it a bit of a stigma but more and more people are opening up to what bankruptcy can do for those in financial trouble. Let's take a look at the effect bankruptcy has on your credit score in today's post.
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:
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, so you can have your questions answered and know what to expect. Today, we will explain the revocation of a debt discharge and how it affects you.
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 those reasons? We will take a look at them in today's post.
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. When you file for bankruptcy, you will create a repayment plan. Here's some information about that plan.
Debt is an issue that plagues millions of people across the country. Managing money is a skill that comes easy to some and not so easy for others. Even senior citizens can experience debt. Some go into debt late in life even after never having debt earlier in life. This typically happens after the senior has entered into retirement and a steady, healthy income has stopped. So, is bankruptcy the best option for seniors who are struggling with debt?
Owning a small business is exciting, but it can also be very stressful, especially if the company is struggling with debt. Small business debt can be debilitating. It can be so overwhelming that the business has to close its doors after filing for bankruptcy. However, there are ways to keep the small business up and running by climbing out of debt.