In these hard economic times, a lot of people are turning to bankruptcy in order to find relief from all the crushing debt they have. More and more, people are realizing that bankruptcy is the only wa
Under United States Bankruptcy Code 503, you as the creditor have the right to file an administrative claim on unsecured debts included in Chapter 7 or Chapter 13 bankruptcy cases. This allows for an administrative expense and allows for the creditor to be reimbursed for the amount of the debt and a
This checklist should help with the Chapter 7 process.a poor purse image by Maria Brzostowska from Fotolia.comWith the enactment of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, bankruptcy has become an increasingly complicated process. Debtors can be penalized for...
When dealing with loan modifications, there can be many things a consumer should know. The loan process itself can be extremely complicated, especially if it is a first time experience.
Unexpected tragedies and accidents are sometimes what prompts people to seek an attorney.This doesn't give the individual time to necessarily obtain the services of an attorney that's best for them.By taking the initiative and "shopping" around, you'll be sure to find the be
Being unprepared for the financial responsibility of homeownership can make bankruptcy a very real possibility. A mortgage payment can account for the majority of your monthly expenses. The more obligations you add on top of that, the more viable bankruptcy becomes. Whether you lose your house in ba
It is easy to convert a chapter 13 to chapter 7. An individual has to just qualify under the means test and resubmit a new bankruptcy petition and also attend a new 341 meeting.
Filing for bankruptcy can give you a fresh start by eliminating your debt. Most bankruptcy cases close with a discharge order that wipes out most or all of your debts. However, the court can also dismiss your bankruptcy case without ordering a discharge. After discharging a bankruptcy case, either t
Starting a charity is an enormous undertaking. In addition to carrying on the organization's charitable goals, the founder of the organization also has to do all of the initial legal work to start a 501(c)3 corporation. According to the IRS, any corporation that is established for "charitable, rel
The Corporations Division of the Missouri Office of the Secretary of State processes registrations for limited liability companies. An LLC chooses a name and registers it when filing its articles of organization. An LLC can also change its name after filing the articles. Missouri limited liability c
401(k), 403(b) and 457 plans that allow employees to make voluntary payments from their paychecks can grant hardship withdrawals. This is not required, but if they do, employers need to define hardship as well as the proof needed to qualify for a hardship withdrawal.
To remain in good standing as a registered representative to sell stocks and other publicly traded financial instruments, there are certain regulatory obligations that must be met, including training required by the Securities Industry Continuing Education Program.
Bankruptcy is a serious decision that can have major implications.debt defined image by Christopher Walker from Fotolia.comBankruptcy is a serious decision that can have a major impact on your life. The good news is that bankruptcy is not all bad---it's intended to get you out from under...
If you are looking to start over financially, it may be time to get in contact with a bankruptcy attorney. You may be avoiding answering the phone for fear that a creditor will be on the other line asking for money. You may be afraid to spend any money at all because you are unsure of what the futur
Every state has some form of business license or registration. While many leave business licensing rules to their counties and cities, a few, including Massachusetts, New Jersey and New York, mandate businesses complete business certificates and file them with their counties of operation. Unlike bus
In light of recent hardships and a changing economy, the prospect of filing for bankruptcy is a crossroads at which many businesses have found themselves. If you've found yourself weighing the possibility of corporate bankruptcy, contact a certified bankruptcy attorney to learn about your optio
Learn the requirements for a limited liability partnership.business image by peter Hires Images from Fotolia.comWhen forming a company, structure is important to consider. There are several main types--partnerships, sole proprietorships and corporations are among them. A new type of...
According to Financial Web, more than 70 percent of businesses in the United States are sole proprietorships. In contrast to traditional corporations, which can have many owners and shareholders, a sole proprietorship is owned by just one individual. The products and services of these types of organ
If you're looking for beechcraft for sale, the Beechcraft Aircraft Corporation, founded in 1932, holds the record for the longest running production of any aircraft, the Beechcraft Bonanza. My persona
The Fair Debt Collection Practices Act protects consumers like you from abusive practices of some debt collectors. It was designed to promote fair debt collection, prevent unfair debt collection metho