Proper financial reports are key to SOX compliance.business accounts image by Nicemonkey from Fotolia.comThe government enacted the Sarbanes-Oxley Act (SOX) in 2002 as a response to a wave of corporate misconduct in the area of accounting reports. The United States Securities and Exchange...
When your company's financial struggles become overwhelming, hiring an expert for counsel is the only way to get back on track. If you're considering corporate bankruptcy, don't go it alone.
Chapter 13 bankruptcy allows debtors to repay creditors over time in a court-approved three- or five-year repayment plan. Chapter 13 is a good option for debtors with a steady income and for debtors who are not eligible for Chapter 7 bankruptcy. Applicable terms to become familiar with...
A cold case is a crime, usually violent, that was never solved and which the police are no longer actively investigating. Cold cases are major crimes such as rape or murder that are not subject to a statute of limitations and could in theory still be solved. Cases may become instantly cold because b
Tough economic times have taken a toll on many families and businesses alike. When debts become unbearable and operations become strained, many businesses big and small have had to make some important
A bankruptcy attorney can help you during a financial hardship. No one wants to deal with the inability to pay for things. Going broke is one of the most stressful situations an individual or a business can deal with, so make sure you get the best help available to you in this situation. If you or y
It is common for a legal document to rely upon auxiliary documents, such as exhibits or drawings. To avoid retyping the auxiliary document, a lawyer may incorporate its terms by reference into the primary document.
Debtors look to the bankruptcy process to help them in times of financial need. Filing for bankruptcy can prevent your creditors from continuing collection actions against you. These collection actions include garnishing wages, foreclosing on your home and even repossessing your vehicle. Therefore,
As the world is expanding, so is Dubai. With the development of Dubai, many Big Firms have come to existence. There are many firms coming up for Consulting Legal Firms in Dubai, Fitch & Cois o
It is important to remember that bankruptcy does not mean you'll lose all of the assets you've worked so hard to accumulate. Rather, filing for bankruptcy just might help you save on
Debtors in Arizona can file for bankruptcy for relief from creditors.Arizona, America image by Serenitie from Fotolia.comDebtors who live in Arizona may file for bankruptcy for relief from their creditors or to restructure their debt. While there are six forms of bankruptcy, only three...
So many people around the world have found themselves in a very tenuous position when it comes to their finances. The rate of unemployment has increased in many areas while foreclosures have gone up in other areas.
The Sarbanes-Oxley Act of 2002 was passed by the U.S. Congress in response to major corporate financial scandals such as those involving Enron and WorldCom. It applies to all public companies, regardless of size, and covers the regulation of accounting practices, financial statements and corporate r
The limited liability company's (LLC) versatility as a business organization makes it a popular choice with those looking to start their own business. Not only does the LLC business structure have the tax benefits of a partnership (taxes are levied on each partner individually rather than the compan
Different types of bankruptcy proceedings impact shareholders of corporations in a variety of ways. Officers of a corporation contemplating bankruptcy for the business enterprise need to understand the manner in which Chapter 7 and Chapter 11 bankruptcy cases impact stocks.
Bankruptcy is a legal right people and businesses have to permanently get rid of excessive, burdensome and oppressive debts and obtain a fresh financial start. Bankruptcy laws, including the new bankr
If you receive a bankruptcy notice, technically known as a "proof of claim form," you need to understand what rights you possess and how you enforce them. At the heart of enforcing your interests and rights in a bankruptcy case is understanding how to reply to a bankruptcy notice. Under the U.S. Ban
Most of us have a vague knowledge about taxes and their laws. These laws can vary from state to state and need thorough legal guidance in understanding. There are several kinds of taxes and you need a