Questions To Ask Your Bankruptcy Lawyer
Filing for bankruptcy can be an overwhelming process for some people. While it isn't intended to be difficult, the stress of dealing with creditors and debt collections can send anyone over t
Category : Bankruptcy & consumer credit : Law & Legal & Attorney
Why You Need a Bankruptcy Lawyer to File Bankruptcy
More than 2 million people filed for bankruptcy in the United States in 2006. It is extremely important to know when to file bankruptcy and what to do after bankruptcy. A bankruptcy lawyer will help you to set your assets in order and smoothly take care of the filing for bankruptcy.
What Is the Clawback Provision of the Bankruptcy Law?
The clawback provision in bankruptcy law permits the trustee to void or undo certain types of transactions. In other words, if a debtor participates in certain transactions that transfer assets that otherwise would be available in bankruptcy to others, the trustee in certain circumstances can "clawb
I'm Bankrupt But Can't File Bankruptcy
If you are financially insolvent but can't file for a bankruptcy discharge because you recently did so or because your debts can't be discharged, you still have options for managing your debt. Filing for bankruptcy without getting a discharge can provide you with some protection against your credito
What Happens With Preferred Stocks Under Chapter 11 Bankruptcy?
Chapter 11 is the chapter of the Bankruptcy Code that provides for restructuring of a corporation in order for it to continue in business after the reorganization, whereas Chapter 7 of the code provides for liquidation of the corporation.
Rules for Iowa Bankruptcy
Individual debtors can file for Chapter 7 or Chapter 13 bankruptcy.debt defined image by Christopher Walker from Fotolia.comAccording to the Southern Illinois University Law Journal, "The 2005 Amendments to the Bankruptcy Code reveal an intent to restrict filings that are not made as a...
Can Judgments Be Discharged in Bankruptcy in Georgia?
A bankruptcy discharge erases your personal liability for nonpriority debts. Bankruptcy may be your best option when a Georgia court hearing doesn't go your way and the judge issues a judgment against you. This is primarily because, when Georgia courts issue judgments, they won't necessarily check y
Indiana Personal Bankruptcy Laws
A debtor may want to face his creditors in a bankruptcy case rather than ignore their calls.business is business - cliche image by Jeffrey Zalesny from Fotolia.comWhen an Indiana debtor finds himself dodging calls from bill collectors, he may need to change his strategy. Instead of...
Morgan and Morgan Chapter 7, 13 Bankruptcy Software Solutions
Morgan and Morgan Chapter 7, 13 Bankruptcy Software Solutions: It is also known as 'Citizens Legal Source Bankruptcy Software' you can download it to your desktop computer, which in turn arm consumers
Benefits of Bankruptcy
Bankruptcy offers a number of different benefits. If you have found your debts unmanageable, you should give serious consideration to pursuing a bankruptcy.
Qualifications for Federal Bankruptcy
While federal law allows financially overwhelmed people to pursue debt relief through bankruptcy, such legal debt forgiveness is not automatic, according to the book "How to File for Chapter 7 Bankruptcy." Not everyone can qualify for permanent forgiveness of most debts through Chapter 7...
Bankruptcy Fraud: Not a Good Idea
A man who was just indicted for a $4 million scam used bankruptcy as a tool to carry out his crimes. The owner of a sleep disorder business financed an extravagant lifestyle by stealing his investor&a
How to Form a Mutual Benefit Corporation in California
In California, the Secretary of State is responsible for chartering corporations and maintaining business filings. The Nonprofit Corporation Law (Section 5000 to 10,008) of the California Corporations Code governs the formation of nonprofit corporations. The Nonprofit Mutual Benefit Corporation Law
Close Corporation Agreements
Thinking about a corporation may inspire images of a tall building set amidst other prominent architecture. But not all corporations come in the same package; those operating with close corporations (CC) agreements being no exception.
How Do I Convert a Bankruptcy in Washington?
Bankruptcy is serious and stressful business. Realizing that you have filed for the wrong chapter of bankruptcy is even more so. However, it is the right of every bankruptcy petitioner to consider converting to a different type of bankruptcy, such as a Chapter 13 to a Chapter 7, if the filer meets c
Florida Corporations Dividend Rules
Florida's Business Organizations law restrict the issuance of dividendsLegal Law Justice image by Stacey Alexander from Fotolia.comFlorida's Business Organization Law has strict guidelines regarding the issuance of dividends. These laws encompass who may receive corporate dividends, the...
Chapter 7 Bankruptcy Laws in Washington State
A Washington state debtor may file Chapter 7 if he passes the means test.Bankrupt. Businessman with empty pockets (with clipping paths) . image by Vitaliy Pakhnyushchyy from Fotolia.comIf you are a resident of Washington State and are unable to pay your bills when they come due, you may...
Delaware Incorporation Requirements
Corporations of all sizes make their homes in DelawareCamden Waterfront image by 1eye from Fotolia.comThe state of Delaware has a reputation for being business friendly when it comes to registering United States and international corporations. Rather than one overarching reason why many...
California Non Profit Corporation Rules
You are required set bylaws for the entity.law courts image by Peter Helin from Fotolia.comIn California, the term nonprofit public benefit corporation refers to an entity which is formed to carry out activities that are not meant to derive profit. These activities may include helping the...