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Bankruptcy : Business & Finance

Can My Check Be Garnished Without Contact From the Creditor?

If an individual owes money to a creditor and is behind on the payments, one avenue the creditor may take in the collection process is a garnishment of wages. Creditors can require that part of each paycheck be withheld and remitted to them. There are very detailed rules in each state regarding the

Federal Bankruptcy Act of 1800

Federal bankruptcy law in the United States has a long history. Though the U.S. Constitution granted Congress the power to make laws regarding bankruptcy on the federal level, individual states handled this task until Congress under President John Adams enacted the first federal bankruptcy law in 18

Home Refinancing & Debt Consolidation

If you have outstanding credit card debts or other high-interest debt, you may be scrambling to make payments each month with the disappointing knowledge that interest is eating up most of your payments. Consolidating your debts into a low-interest home loan can alleviate your financial pain.

What Corporation Bankruptcy is About

Bankruptcy normally implies a new start for people who are going through financial distress. Though many believe that this financial state is for people who are irresponsible with their spending habits, this is just a misconception, since there are people who get themselves into this unexpectedly.

Bankruptcy - An Overview

If you have serious debt problems you may be considering bankruptcy. It is important to understand what bankruptcy is and whether it is the right option for you.

Debt Leverage Definition

Debt leverage is a method of developing stability among debt that is made and the profit that is gained from investments taken by forming the original debt. The thought behind debt leveraging is to avoid using too many resources, such as money, to receive or purchase a particular item, while increas

Do You Understand the Chapter 7 Bankruptcy Forms?

The decision to fill out Chapter 7 bankruptcy forms will be one of the hardest you've ever had to make. No one wants to admit that they've bitten off more than they can chew. Sullied pride aside, it's dismaying to know that this stain will be on your credit file for another ten years,

How Can Chapter 13 Bankruptcy Save Your Home?

Amid a growing tide of mortgage delinquencies and foreclosures, more and more homeowners find themselves overwhelmed by the waves of personal debt and struggling to hold their heads above water. With each passing month, the number of homeowners skinning beneath the waves is increasing, and there see

Can a Chapter 7 Trustee Be Replaced for Conduct?

According to Kristopher Aungst of the Berger Singerman Law Firm in Florida, having a trustee replaced in any bankruptcy proceeding is a process almost doomed to failure. But in a Chapter 7 bankruptcy, it might be tempting for you to try. When you file a Chapter 7 bankruptcy petition, you effectively

When Is Bankruptcy Final?

The general purpose of bankruptcy is to create a financial fresh start for people with previous financial woes. The problem is that sometimes it is difficult to tell when that fresh start actually begins. Exactly when bankruptcy becomes final, and when your fresh start begins, depends largely on whi

Need Bankruptcy Information

If you are interested in learning more about bankruptcy then read on. We will tell you what it is, the history of bankruptcy, types of bankruptcy, and exclusion or exemptions from bankruptcies.

Get Debt Under Control With A Credit Counselor

If your debt is spiraling out of control, it may be time to seek help. Finances and debt management are both much more complex topics than simply balancing a check book every month.

Why Would I Want to Consolidate My Debts?

For any number of reasons, people may rack up debts from a variety of sources, such as credit-card debt, car loans and student loans, that they are having trouble repaying . These loans may have high interest rates, high monthly payments or be hard to manage, causing people to seek a simpler, cheape

Pros & Cons of Chapter 7 Vs. Chapter 13 Bankruptcy

When filing personal bankruptcy, you have the option of filing for Chapter 7 or Chapter 13 bankruptcy. While they both provide you some protection from your creditors, they differ in some key areas. Before you choose a chapter under which to file, you need to understand the pros and cons of each opt

Rebuilding Credit after Bankruptcy is Attainable

You may have observed that after one file bankruptcy the credit score will probably be ruined. This isn't true, after bankruptcy your credit score will suffer some, yet your credit score was already beginning to ...