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Bankruptcy & consumer credit : Law & Legal & Attorney

How to Dissolve a Medical Practice

Dissolving a medical practice is a complex undertaking. Most medical practitioners would want to go their separate ways amicably, but working out the finer details of the dissolution can be challenging. Ending a medical practice involves appropriate arrangements for patients and their records, the l...More...

What Happens to Pensions in Bankruptcy?

A big concern for many people contemplating filing for bankruptcy is the effect this will have on their retirement accounts and pension funds. In general, all federally qualified retirement accounts and pension funds are protected from creditors in both Chapter 7 and Chapter 13 bankruptcies. However...More...

Bankruptcy and Its Common Causes

Learning the different types of bankruptcy is also a must. Individual consumers may file for a Chapter 7 or a Chapter 13 bankruptcy depending on their means of income and businesses could opt to file ...More...

How to File Exempt Earnings With a Chapter 7

In a Chapter 7 bankruptcy case, a debtor allows his property to be sold in exchange for having his debts discharged. The bankruptcy court will not, however, sell any property that the debtor's state deems necessary for the debtor to continue living life as she is accustomed to. The property remains ...More...

Chile and Canada Free Trade Agreements

The Canada-Chile Free Trade Agreement opened doors to international trade between the two countries and allowed them to share resources. It also opened up economic opportunities and made it easier for nationals to travel between the two countries....More...

Questions You Need to Ask Before Hiring a Bankruptcy Attorney

It is very clear that it is the entire world that is experiencing the problem of bankruptcy and it's not just you; so don't feel like it's the end of the world because it certainly is not if you hire a bankruptcy attorney. When the dark cloud of bankruptcy is wandering above your head...More...

Advantages and Disadvantages of a C Corporation

A C corporation is a type of business entity or business structure and provides an alternative to sole proprietorship, limited liability companies (LLCs), partnerships and S corps. Many major corporations are c corps, although it is possible for any business to become a C corp if it files......More...

What Is a Pre Packaged Bankruptcy?

A prepackaged bankruptcy plan is negotiated with and approved by a company's shareholders and creditors before it is filed, according to the Securities and Exchange Commission (SEC). This type of bankruptcy will always fall under Chapter 11 of the U.S. Bankruptcy Code....More...

What Is the Statute of Limitations on Amended Returns?

The statute of limitations on amended tax returns varies depending upon whether the return is a state or federal tax return. Both federal and state governments provide statutes of limitations for the assessment and collection of taxes. These statutes of limitation also apply to the filing of amended...More...

Get the Help You Need With a Bankruptcy Attorney

In an economy where many people do not have jobs, cannot find jobs, or have jobs where they are barely making ends meet things can get extremely stressful financially. Sometimes things become so financially difficult that people have to turn to whatever means is possible in order to get out from und...More...

Can a Bank Garnish My Bank Account for Debt After I Filed Bankruptcy?

A creditor may sue a debtor and obtain a permission to garnish his bank account to collect the outstanding debt. This may not leave much money for a debtor to live on. If he is struggling to pay his obligations, he may consider filing bankruptcy. Filing for bankruptcy protection stops bank account g...More...

Working With a Chapter 7 Bankruptcy Attorney

Due to our perilous economic times, a great many people have had to seek out bankruptcy protection. This is not necessarily something new. In prior generations, bankruptcy was not uncommon....More...

What Are the Effects of Bankruptcy on Future Employment Opportunities?

The Bankruptcy Code protects job seekers in the public and private sector.gavel image by Cora Reed from Fotolia.comAdverse effects on a current job and future employment opportunities are common worries among consumers ready to file for bankruptcy. Since plenty of employers now routinely......More...

Bankruptcy Recovery

Declaring bankruptcy is a very emotional event, having to consider what your future will hold based on your current financial situation. Individuals in this situation may have many questions to ask themselves, including wondering what will happen after bankruptcy and how you step on the road to reco...More...

How to Form a Corporation, LLC, or Partnership in Arizona

When you create a limited liability corporation (LLC) you create an entity that is separate from the owner or owners. Therefore, when someone sues an LLC, the personal assets of the owners are protected. LLCs also have certain tax advantages and give owners credibility and privacy, Forming an LLC is...More...

Can I Stop Making Chapter 13 Payments Because of Hardship?

Even the best-laid plans are not always foolproof, and it’s not unheard of for debtors to enter into a Chapter 13 bankruptcy only to have disaster strike. Suddenly, they might find that they’re no longer able to make the required payments. If something occurs that prevents you from keepi...More...