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Bankruptcy & consumer credit : Law & Legal & Attorney

PA Bankruptcy Laws

Bankruptcy leaves you without much cash in every state, including Pennsylvania.One Dollar - variations of Crumpled dollar image by PaulPaladin from Fotolia.comIn the state of Pennsylvania, bankruptcy proceedings are handled in one of the three state bankruptcy courts. Pennsylvania...

Don't Wait Until You're Being Sued Call a Bankruptcy Attorney

For someone that is buried under a mountain of credit card debt and considering bankruptcy, the only question to ask would be, what are you waiting for? Most people that end up filing bankruptcy have one thing in common, it's waiting too long to file. What's funny is, it's usually the

What Are the New Jersey Chapter 7 Bankruptcy Exemptions?

In New Jersey, many personal items and assets are exempt in a Chapter 7 bankruptcy filing.Making a financial plan image by Allen Stoner from Fotolia.comWhen filing for Chapter 7 bankruptcy protection, many consumers are concerned with protecting the assets they have worked to obtain. Each...

Three Reasons to Hire a Bankruptcy Attorney Seattle

When you are declaring bankruptcy, your financial situation is obviously very precarious. When you are dealing with a stack of bills you can't pay, you may be wary about getting legal help an

How Does Home Equity Affect a Bankruptcy?

When you have made the decision to file for bankruptcy your amount of home equity will be a major factor in how you proceed. Depending on the state in which you live, you might choose to file under a different chapter if you have home equity you wish to protect.

Bankruptcy Rules for Civil Proceedings

The U.S. government established the Federal Rules of Bankruptcy Procedure. These rules are designed to ensure every bankruptcy case receives fair and speedy treatment and the proceedings are not expensive. The rules cover any case under Title 11 of the United States Code. Title 11 covers...

Can a Seller Back Out of a Purchase Agreement?

Once a purchase agreement is signed, both the seller and the purchaser are legally bound to complete the transaction. Clauses and contingencies can be included, and generally benefit the buyer; however, some clauses give sellers an "escape" as well.

Pros & Cons of Declaring Personal Bankruptcy

Personal bankruptcy can be a wonderful financial safety net when needed, but it is often misunderstood. Part of the confusion stems from the curious fact that bankruptcy is a federal law, but individual states also have adopted various regulations that supersede some of the federal provisions. Furth

Getting the right Utah Bankruptcy Attorney

You only would like to present a home and everyday living for ones spouse and children in Utah. But a career along with a very good wage is hard to come by in recent times and beggars can not be choos

LLC Legal Tips

There are many good reasons to form an LLC, but there are good and bad ways of doing so.young lawyer image by Alexey Stiop from Fotolia.comA Limited Liability Company (LLC) is a popular choice when it comes to forming a new business. An LLC provides a large amount of legal protection from...

Does Declaring Bankruptcy Affect My Tax Return?

Filing bankruptcy allows people that are drowning in debt the opportunity to either reorganize or discharge their debt obligations. To ensure a fair accounting of assets and liabilities, the bankruptcy code includes a set of guidelines for how to file taxes after filing for bankruptcy. The specific

About Bankruptcy Lawyers

Bankruptcy is a problem being faced by hundreds or even thousands of individuals situated in the United States as well as other parts of the world. This is a universal truth that is being observed by

How to Become a Not-for-Profit Company

Starting a not-for-profit organization can be a fulfilling yet stressful experience. While nonprofit entrepreneurs often do not have the financial startup burdens of for-profit business owners, there are considerable legal and organization concerns that should be addressed before fundraising endeavo

Important Terms To Know In Bankruptcy

Although the bankruptcy process can seem to be complicated, it doesn't have to be. In fact, just learning about a few key terms can help make the process smoother and less stressful.

Definition of Corporate Taxes

Corporations are a type of business entity in the United States. Corporations exist as a completely separate identity from its owners. A corporation can enter into contracts, pursue legal action and is subject to federal income tax. The term "corporate taxes" describes all state, federal and local t