How to Respond to a Writ of Garnishment in Maryland

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Bankruptcy : Business & Finance

Avoiding Credit Card Bankruptcy

In case you find yourself dead close in debt to your credit cards, and thus in view of bankruptcy then here a few useful tips to assist you ignore taking such step. Presently, bankruptcy is evident to be a common approach when severe debts are confronted.

Filing Bankruptcy Is the First Step to a Fresh Start

These days there are many reasons why people need to file bankruptcy. A job loss, unexpected illness, large medical bills, and divorce, just to name a few, can quickly put a serious strain on an individual's budget. It seems that money goes out faster than it comes in.

California Law on Bill Collecting

Taking the time to understand California's laws on bill collecting can teach you how to respond to collection agents when they contact you and help you recognize if an agency is using abusive or unfair tactics. The California Fair Debt Collections Practice Act prohibits bill collectors from threaten

Can You Buy a House While Going Through Chapter 7 Bankruptcy?

It is extremely unlikely that you will be able to buy a house while going through Chapter 7 bankruptcy. Chapter 7 is the fastest of all forms of individual bankruptcy, with the process lasting only a few months. Mortgage lenders simply are unlikely to approve a mortgage for a borrower who is current

How to Redeem Shares to Pay Bills

If you have investment shares that are held in a mutual fund, Individual Retirement Account (IRA) or other investment vehicle, you can redeem those shares to pay bills. Typically, the funds from the shares redemption are available in your checking account in just a couple of days once you request to

What Are the Rules on a Chapter 13?

If you are filing for Chapter 13 bankruptcy, you must be bringing in a regular income to commence your case. Chapter 13 bankruptcy requires that you commit to a debt repayment plan. Under the plan, you make monthly payments to your creditors for a fixed period of years. One of the biggest advantages

Intuitive Job-Hunting Tips

There are many effective strategies that will improve your chances of getting a job, such as dressing appropriately for interviews and writing a professional resume. But at the end of the day, job interviewers are human beings who often make intuitive hiring decisions, trusting their gut feelings ra

HOA Special Assessments and Bankruptcy

Unpaid HOA dues can cause a lot of grief between homeowners. Board of directors usually tell your neighbors when you have filed bankruptcy and that you discharged your pre-filing unpaid HOA dues. What about HOA special assessments? Depending upon the circumstances the special assessment is discharge

Top 10 Reasons to Stop Feeling Bad About Bankruptcy

After helping so many people through the Arizona bankruptcy process for more than 15 years, the Arizona bankruptcy attorneys of Arizona Bankruptcy Now have seen firsthand the remorse and guilt experienced by debtors. Whether you're facing an Arizona foreclosure on your home, swamped in credit c

The Bankruptcy Act of 1914

The United Kingdom passed the Bankruptcy Act of 1914 as a corollary to an earlier Act in 1883. Both acts were meant to stem the tide of business men engaging in fraudulent dealings, particularly deals in which they did not have the funds to cover their investments. This Act laid out procedures for f

Documents Needed to File Chapter 13 in Montgomery, Alabama

One of the changes that occurred with the enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 was that any person filing for personal bankruptcy would have to prepare many more documents than in the past. Some documents are very complex. One mistake in completing a docum

Why Debt Settlement Filings Are Likely to Surpass Bankruptcy

Many Americans are facing the catch 22 situation where they are badly caught between the option of bankruptcy and the wretched state of insurmountable debt load. So many people effected by recession and weakened economy have actually come to a point where they have totally stopped paying their credi

Student Loan Cnsolidation

It's a concern which has confused smart male (at overdrawn financing restrictions) for a long time. Does one apply for personal bankruptcy, or perhaps does one bring debt consolidation as well as invest 10 years settling my personal financial obligation?

Can Creditors Make You Pay Your Spouse's Debt?

Usually, creditors cannot actually make anyone pay a debt until they file a lawsuit and win a judgment against the debtor. In the vast majority of states, even in this scenario you cannot be legally compelled to pay your spouse's debts. Certain states have community property laws that entangle your

How to Do Debt Consolidation Without a Lawyer

By means of a debt consolidation, you can combine your debts into one, and reduce your number of creditors and monthly payments. Different options are available to merge your debts. And while some debtors seek advice or assistance from lawyers and other financial experts, it is possible to consolida

Help With Chapter 13 in Mississippi

As a consumer, you may file for bankruptcy protection under Chapter 7 or Chapter 13 of the federal bankruptcy code. In a Chapter 7 bankruptcy, you give up any nonexempt assets and your liability for your debts is eliminated. In a Chapter 13 bankruptcy, however, you keep your possessions and repay yo

How to Calculate Annual Payment Debt Service

Debt service refers to the cash required over a certain period of time to pay back the principal and interest on a debt. The most common type of debt service is the monthly mortgage payment. For corporations, the calculation is a little more complex but still fairly easy. Corporations must publish a