 Category :: Bankruptcy Articles |
Author :: Lance Winslow  |
| |
| Article Title :: GM Bankruptcy? |
| |
| If General Motors were to file bankruptcy, it could change the world or would it? Yes a GM bankruptcy filing would change the world. Right now with all the over regulation it is amazing that any company can make money these days. I guarantee such a move would change the world. It would definitely wake up the Unions and the governments over regulation on our economic engine. In fact sometimes it seems we do everything to hold down our economy from screaming forward.With all the over regulations in this country to start, grow and run a successful small business, medium size corporation or a multi-national conglomerate based in the US. Why do we attack and use regulations to slow down (read full article) |
| |
 |  |
| |
| Category :: Bankruptcy Articles |
Author :: Larry Holmes |
| |
| Article Title :: The New Bankruptcy Law: What You Need To Know |
| |
| The new bankruptcy law went into effect on Monday, October 17, 2005. And the events of the previous weekend were object lessons in human behavior as it applies to financial matters.There were reports throughout the country that people were standing in lines for blocks waiting to get into courthouses to file Chapter 7 bankruptcy, which means they can wipe out their debts and start over. Now most people will have to file Chapter 13, which means they will have to pay their debts over time.The demand to file Chapter 7 before the deadline was so great that the courts had to hand out bakery numbers and vacant rooms were opened to accommodate debtors. There was a report that one m (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: Billy Baxter |
| |
| Article Title :: What to Consider when Filing for Personal Bankruptcy |
| |
| President Bush in April signed into law The Bankruptcy Abuse and Consumer Protection Act. This bill promises many changes to law, and will make it more difficult for the average person in financial trouble to have debts removed with bankruptcy. Recent social and economic changes indicate that those considering a bankruptcy should do so now, as the queue is getting longer.It will be now be harder to file under Chapter 7 of the code, which allows the courts to wave consumer debt and give the debtor a new start. Filings posted will be tested and those who have a decent income it seems will have to file under a more strenuous Chapter 13, which demands repayment by installments and the (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: Dan Johnson |
| |
| Article Title :: Bankruptcy: What's the Difference Between Chapter 7 and Chapter 13? |
| |
| When consumers contemplate the option of bankruptcy generally, the remedy they are specifically referring to is chapter 7 bankruptcy. The effect of the filing is to discharge someone saddled with debt from having to pay debts no longer secured with a valid lien. It also has the added benefit of serving as a court order to creditors (or their collection agencies) to stop hassling you through telephone calls, letters, and personal contact in an effort to get you to pay the debt. But what, in effect, does that mean for you the borrower?Chapter 7Filing for chapter 7 bankruptcy does not mean that immediately all of your debts are eliminated in their entirety. Rather, secured de (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: Ken Austin |
| |
| Article Title :: Available Bankruptcy Options |
| |
| The laws regarding bankruptcy have changed recently, but there are still options available to you if your debt has grown out of control and you have found yourself unable to repay them. Bankruptcy laws give debtors a way to divide their assets among creditors and completely eliminate some debts after the assets have been distributed.Due to the recent changes, you may have to undergo credit counseling prior to filing bankruptcy, but as a debtor you are entitled to file bankruptcy as a way to reorganize or eliminate your debts.People wanting to completely eliminate all outstanding debts generally use Chapter 7 bankruptcies. Business can also file Chapter 7 if they plan to li (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: Iwona Kurecka |
| |
| Article Title :: Using an Individual Voluntary Arrangement (IVA) |
| |
| It is no secret that more and more consumers are finding themselves having trouble with debt, and that many of them will end up being unable to pay their bills. Rates of debt have been rising for a number of years now, and with wages not keeping pace with expenses in many places around the country that trend is only likely to rise.Many people find themselves in the uncomfortable position of borrowing money just to meet current living expenses like food and clothing, and this can be further exacerbated if those funds come from high interest sources such as credit cards. For many people who find themselves unable to keep up with their bills, an individual voluntary arrangement, or (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: Finn Jensen |
| |
| Article Title :: Bankruptcy Law and How to Get Your Credit Back |
| |
| Personal Bankruptcy what is it?
Personal Bankruptcy is legal procedures that enables a debtor to for the time being or lastingly avoid paying some of their personal debt unpaid. The US Congress enacted the existing bankruptcy code in 1978, and newly amended it in the spring of 2005.The objective of the legislation is to give relief and structure to those people of society who have gotten themselves so deep into debt they can not possibly pay back. Currently there are 2 forms of bankruptcy that are available for individuals: chapter 13 & chapter 7.Will you be able to get credit again?
Undoubtedly, the banks have become better at working with people who have (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: J Porter |
| |
| Article Title :: IVA - An Alternative to Bankruptcy |
| |
| Bankruptcy in the UK is on the increase. The most recent figures from the DTI show that in the third quarter of 2005 personal bankruptcies rose by 32% and as many as 12,256 people were declared bankrupt.One of the reasons for this rise is that a growing number of people with serious debt problems see bankruptcy as an easy way out following the Enterprise Act of 2002 that made it possible for a bankrupt to be discharged after less than a year.However, anyone who thinks bankruptcy is easy is mistaken – unless their definition of ‘easy’ covers the prospect of lost assets, the return of hired and leased goods, press notices of the bankruptcy and severe restrictions placed (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: Billy Baxter |
| |
| Article Title :: Five Steps on How to Find and Choose A Bankruptcy Attorney |
| |
| If you are like many men and women in the 21st century, you may have found yourself literally drowning in debt. As a result, you may have made the touch decision to file for bankruptcy. In this regard, you may be wondering what steps that you need to take to determine how to find and choose a bankruptcy attorney. Indeed, there are some specific steps you need to take in order to determine how to find and choose an appropriate attorney.1. The first step in how to find and choose a bankruptcy attorney is to contact the local bar association in your community. While your local bar association will not make any specific recommendations about a particular lawyer, your local bar asso (read full article) |
| |
| |
| |
| Category :: Bankruptcy Articles |
Author :: Delia Galley |
| |
| Article Title :: New Bankruptcy Law - How Filers Will Be Affected |
| |
| The new bankruptcy law, officially known as The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, is aimed at making it more difficult for debtors to file for bankruptcy under chapter 7.Prior to the new law, which took effect on October 17, 2005, potential filers could walk away from their debts after giving up most of their assets – which in most cases were not substantial. The new bankruptcy law makes it tougher to walk away debt free.One of the most important provisions of the law, requires debtors to pass the “means test”. In summary, the test determines whether a bankruptcy filer has enough disposable income to repay their debts. A person’s who (read full article) |
| |
| |
| |
| |
| Prev 1 2 3 4 5 [6] 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Next |
Article Categories
