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Bankruptcy : Business & Finance

How Often Can You File for Bankruptcy?

There are limits on the number of times that you can file bankruptcy within a certain period of time. This prevents individuals from racking up debt and continually discharging it using bankruptcy restructuring and protection. The bankruptcy limit depends on the type of bankruptcy that you have file

Legal Debt Cures

This article provides an overview of three legal debt cures that can be effective in eliminating large or small amounts of debt: family budgets, debt consolidation and debt settlement.

Grants to Help Debt Relief

Debt is a growing problem for many consumers.Blue pen in front of invoice image by millann from Fotolia.comThough many websites advertise that consumers can apply for governmental grants specifically for "debt relief," the claim is not true. There is no specific federal program which...

Can Debt Settlement Settle a Tax Debt?

Most kinds of debts can be settled if you cannot pay them. Credit counselors may be able to work with you and your creditors to negotiate a payment arrangement. However, tax debts are normally handled directly by the state or federal government. A debt settlement company may only be able to help if

Can a Salesperson With No Wages Collect Unemployment in New Jersey?

Unemployed and partially employed workers can apply for unemployment benefits by submitting an application for benefits with the New Jersey Department of Labor and Workforce Development. Initially, the department conducts a monetary review of each application, and if an applicant passes the initial

Guaranteed Loans After Bankruptcy

Guaranteed loans are really made for people with past credit problems, like those who have just gone through bankruptcy, but for this very reason it's generally a good idea to consider other options first. See, ...

Advice When Choosing A Bankruptcy Lawyer

This article offers pertinent advice for consumers seeking the help of a bankruptcy lawyer.If your case is simple, then chances are you can file on your own.

Know the Consequences of Bankruptcy

Filing for bankruptcy can be devastating. If you have already had the experience of filing, you know the personal and emotional effects. One of the best things you can do is prepare yourself and your family by being aware of your options. Filing for bankruptcy is hard enough, but imagine knowing the

How to Protect Myself From Collection Agencies

While debt collectors have the right to seek payment of a legitimate debt, they do not have the right to harass you. The Fair Debt Collection Practices Act prohibits collectors from using intimidation and threats and from trying to collect on a debt that has expired or never existed. You can protect

What Happens When You Have a Vehicle Lease Default?

Vehicle leases are long-term rental agreements where the user does not take actual ownership of the vehicle. Lease contracts usually go into great detail as to what will happen in case of default and what events constitute a default. In general, failure to make lease payments gives the leasing compa

What Bankruptcy Auction Entails

Financial distress is a situation in which a company or an individual is not in a position to pay pending debts. It is at this moment in life that an individual or business should think of a way of getting out of the situation.

Can I Have Garnishment Reduced for Hardship?

A wage garnishment requires employers to withhold a specified portion of a worker's income to repay a debt. Garnishments are usually the last step that creditors and others take to recoup debts after previous attempts to collect them. It's better to negotiate with a creditor to avoid a garnishment t

What Happens If You Default on Chapter 13 Bankruptcy Payments?

When filing a Chapter 13 bankruptcy, debtors agree to make regular monthly payments towards their debt for a specified time period not longer than five years. Debts are not officially discharged until the completion of the repayment plan. Thus, completing the repayment plan is essential to reaping t

Facing Bankruptcy? Three Things You Need To Know

Maybe you have lost your job, or lost your house, or have gotten into credit card debt above your head. If you fit into the category of facing bankruptcy, or even if you have thought about or are seriously considering bankruptcy, here are three things you need to know.

Right to File Bankruptcy

People most often think of this question when it comes down to deciding to file bankruptcy. Is it a right or wrong decision? This is the question that they need to answer by themselves.