Bankruptcies may already be able to help you when your financial situation is already very grave. It can be your last shot to financial rehabilitation. A lawyer would have to be consulted if you want this to be effective. They would guide you on the laws and processes involved. They would help you decide what would be the best chapter that you should be filing for. They can also prepare you well for the filing like on the things that would have to be really done. It is also very vital that these lawyers would be hired so that documents can be prepared and filed.
Source: fspgroup.org
Video: New York Bankruptcy Lawyer
Las Vegas Bankruptcy Attorney Indicted on Tax Evasion Charges
The indictment alleges that from 2005 to 2008, Goldberg filed false and fraudulent individual income tax returns. Goldberg allegedly used two separate Bank of America accounts to deposit the legal fees he received from his clients and to deduct expenses, but he only reported the income he deposited into one of the accounts. Between Jan. 7 and Dec. 23, 2008, for the purpose of evading the reporting of his income, Goldberg allegedly structured 147 cash deposits into five Bank of America accounts totaling more than $1.1 million.
Source: 8newsnow.com
There?s Life After Bankruptcy, Says Richmond Bankruptcy Attorney, Even For Politicians!
Individual bankruptcy is part of the story for several current candidates for national office as well.? In fact, as one of my Richmond bankruptcy attorney colleagues noted, two candidates who are competing for state representative positions in the state of Washington have each previously filed bankruptcy. Steve Glaser, a Tennessee candidate for the House of Representatives, has declared Chapter 13 bankruptcy no fewer than four times. Glaser also has tax liens outstanding for personal income tax, business taxes. The tax aspect of this story is one that?s important to explain, because one of the long-standing myths is that filing bankruptcy cannot help with tax debts. The fact is, in our Richmond Zuckerberg bankruptcy law offices, we help with taxes all the time. Of course, back taxes owed are nothing you want to ignore, and often, the biggest pressure on you is the wage garnishment that the IRS or the State of Indiana Revenue Office has put in place.? Filing personal bankruptcy in Indiana stops tax garnishments.? Sure, your kind of tax may be the kind that does not go away, but with the garnishment stopped, you?re in a much better position to deal with the tax and work on negotiating terms to repay what you owe. So why do I consider this information about politicians important enough to share with my clients and Bankruptcy in Indiana readers? John Clark of chicagolegalauthority.com puts it well, I think, when he states that stories like these are ?? raising awareness that bankruptcy can strike anyone, at any time, regardless of their social or political position.?? In fact, Clark observes, ?Excluding people who have bankruptcy histories from running for political office would severely narrow the field of potential politicians!? ?
Source: zucklaw.com
Atlanta Bankruptcy Lawyers at Clark & Washington Explain Chapter 7 Bankruptcy
NORCROSS, GA, October 02, 2012 ? If you are facing overwhelming debt, chapter 7 bankruptcy may be the ticket to a fresh start. However, many Atlanta residents in this situation are hesitant to file because the process may seem intimidating. The Atlanta bankruptcy attorneys at Clark & Washington are offering this brief overview of chapter 7 bankruptcy to help Atlanta residents make informed decisions regarding their financial future. Chapter 7 bankruptcy is a way to help people to get rid of their unsecured debt, such as credit card debt, medical bills, parking bills, or utility bills. It is a good solution for those with overwhelming amounts of debt but insufficient income to repay it, as well as those without a significant amount of property to protect (assets other than a home, car, and personal items). Chapter 7 bankruptcy is designed to help quickly eliminate this unsecured debt so that you can make a fresh start. Candidates eligible to file must first complete a few preliminary steps. You must obtain credit counseling, complete a debtor education course, and take the means test. The means test is an assessment made to determine your overall eligibility based on your income, debts, assets, and state exemptions. The Atlanta bankruptcy attorneys at Clark & Washington can help you complete all of these preliminary requirements. There are a few time-sensitive deadlines that you will need to bear in mind before filing. You need to wait at least 8 years from the date of filing any previous Chapter 7 and receiving a discharge. Within the past one year, you must not have any failed attempts at filing for personal bankruptcy, or any attempts at unlawfully hiding information from creditors. Within the 180-day period before filing, you must not have had any dismissed bankruptcy cases due to failure to obey court orders or due to your own request. Finally, within the 90-day period before you file, you must not incur over $500 of new debt for "luxury goods or services," and you must live within the state you intend to file with. If you are unsure if any of these restrictions may apply to you, an attorney at Clark & Washington can help you evaluate your situation. Your case will officially begin once the Chapter 7 petition has been filed. At this point, the bankruptcy court will most likely enter an automatic stay. This means that creditors are prohibited from taking any collection action towards you while the case is pending or until further notice from the court. They will then notify all of the creditors listed in the petition and assign a bankruptcy trustee to the case. A bankruptcy trustee is a federal employee in charge of monitoring your case. Once this trustee reviews your petition, they will schedule a meeting with your creditors. Petitioning for personal bankruptcy can be quite an overwhelming process. The Atlanta bankruptcy lawyers at Clark & Washington can offer you the best possible chance for success with your case. Furthermore, your bankruptcy attorney from Clark & Washington will handle all of your paperwork and attend all of your hearings, reducing much of the stress that filing for bankruptcy can entail. If you are considering filing for bankruptcy, contact Clark & Washington today for a free consultation. Learn more at http://www.cw13.com. About Clark & Washington Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the southeast. They have locations in Georgia, Florida, and Tennessee. Clark & Washington specializes in personal chapter 7 and chapter 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships. For more information visit: http://www.cw13.com. For all media inquiries, please contact: Anne DeVito Lead Content Developer Cardinal Web Solutions http://www.CardinalWebSolutions.com
Source: thedailylegal.com
Boise Divorce Attorney (208) 472
As soon as they are notified of your bankruptcy, creditors must stop all collection efforts.? The bankruptcy court will send out a notice to all the creditors you have listed on your petition (one more reason you want to make certain you have listed everyone).? Although the right to have creditors stop harassing you begins immediately upon your filing bankruptcy, it can actually take a couple of weeks for those notices to reach and go through all the proper channels.? In the meantime, if you get a call from a creditor you can inform them that you have filed bankruptcy.? It is important to notify them of the case number so they know that your claim is legitimate.? While it isn?t always necessary sometimes it might take a telephone call from your Boise Bankruptcy Lawyer to get them to stop before they have received the actual notice from the Federal Bankruptcy Court. One important word of caution.? If you have been sued and have a pending collections case against you, you should have your Boise Bankruptcy Attorney give the attorney for the creditor a call.? This will prevent any action against you from being taken before they receive the notice from the Bankruptcy Court.
Source: blogspot.com
Life After Bankruptcy One of Success for Connecticut Politician
In the course of Connecticut?s current Senate race, both candidates have drawn attention to the financial troubles experienced by the other. Leaving political matters aside, McMahon has shown that a history of bankruptcy has not stopped her from living her life ? becoming CEO of World Wrestling Entertainment, and now running for U.S. office. Recently McMahon has stated she will repay her former bankruptcy debt, as she now has the means to do so.
Source: ctbankruptcyattorneys.com
Homework from your Bankruptcy Attorney?
Although the task may seem to be overwhelming, if broken down into small bits it can be easily managed. Although many individuals do not keep a copy of pay stubs, especially now that direct deposit is commonly used by most employers,?it is possible to request a copy of 6 months of pay stub check amounts from an employer. Some larger employers have electronic systems that archive past paystubs over the course of a year. Employees that have this option will likely be able to log in and print past paystubs. The courts require that individuals report the withholdings from their paychecks as well as pay check amounts in the filing schedules. For this reason, it is not sufficient to just write down the deposits from the last six months.
Source: hafemeyerlaw.com
Minnesota Business Bankruptcy Lawyer
If you own a business with a partner, then you will need to consider how this bankruptcy will affect the partnership. Under a general business partnership, all partners will be liable for the debts. However, in a limited partnership, the partners have limited liability in regards to the debt. There are a number of complications surrounding business partnership and bankruptcies which is why it is important to sit down with a Minneapolis bankruptcy attorney to discuss your options and what this will mean for not only your business, but also your partnership.
Source: mnbankruptcylaw.com
Bankruptcy or a Reverse Mortgage?
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Source: scbankruptcyattorney.com
Meet South Jersey Bankruptcy Attorney Jeffrey Jenkins
Jeff began practicing bankruptcy law in 1985, and he has focused on bankruptcy ever since. In 1986, he became a partner in the firm of Jenkins & Jenkins; in 1994, the firm evolved into Jenkins & Clayman. Jeff is Board Certified by the American Board of Certification in consumer bankruptcy law, and he has lectured throughout New Jersey on consumer bankruptcy law for both lawyers and accountants. If you need help with debt, contact South Jersey bankruptcy attorney Jeff Jenkins now for a free consultation.
Source: jenkinsclayman.com
Milwaukee Bankruptcy Attorney John Dries Offers Hope to Those Overwhelmed by Challenging Economy With New Consultation System
The benefit of turning to Attorney John Dries for bankruptcy help goes beyond a free consultation. Often times, those in debt see turning to an attorney as costly and not productive. Attorney John Dries wants those in debt to become proactive and realizes that they can improve their circumstance. Bankruptcy Law truly helps develop a plan for a debtor to resolve his or her debt issues. Chapter 7 Bankruptcy Milwaukee allows most of your assets to be kept and Chapter 13 Bankruptcy Milwaukee allows creditors to be paid without any interference/harassment from them.
Source: getoutofdebt.org
Bronx bankruptcy attorney comments on corporation defaulting on second major loan
The secure loans were held by Economic Development Growth Enterprises Corp. (EDGE) and Utica Industrial Development Corp. (UIDC), both of the loan holders sought a judgment against the company for willfully and maliciously defaulting. The loan holder additionally sought to go after the company?s director for not upholding his fiduciary duty as a director. However the loan holder?s cases were dismissed.
Source: bankruptcynyc.com
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Source: http://foreclosureattorneyco.com/what-you-should-seek-in-your-bankruptcy-attorney/
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