In bankruptcy, a debtor must disclose all assets, including an ownership of a copyright. Chapter 7 will result in the liquidation of assets to pay creditors. Chapter 13 will result in the debtor entering into a payment plan to repay creditors.......[Read More]

Massachusetts debtors must follow certain bankruptcy rules.debt defined image by Christopher Walker from Fotolia.comAfter President George W. Bush signed the Bankruptcy Abuse Prevention and Consumer Protection Act into law on April 20, 2005, a debtor's ability to file for bankruptcy.........[Read More]

Bankruptcy gives you the opportunity for a new financial future. Depending on what type of bankruptcy you file, you can reduce or eliminate debt, or get more time to pay it off.......[Read More]

A non-disclosure agreement (NDA), also known as a confidentiality agreement, is a legal contract designed to prohibit signers from sharing confidential, proprietary or other privileged information. They are essential in many situations for companies to maintain a competitive edge.......[Read More]

If you have missed one, two or even three mortgage payments and see no way to catch up, you may be worried about losing your home. If a mortgage company cannot secure payment, it may reclaim the house and sell it to someone else. To avoid having your house foreclosed, you can file for Chapter 13 b......[Read More]

People facing the problem of a bankruptcy must consult with a bankruptcy attorney in Nashville. Choose good and reputed attorney for your case. Listen to your attorney very nicely for effective result......[Read More]

Last April, the United States Senate voted against legislation that would let bankruptcy court judges modify home mortgages in bankruptcy. The failure of this legislation is a significant loss to home......[Read More]

Failure to disclose an inheritance to your bankruptcy trustee can carry serious consequences. While you may not necessarily have to give up your inheritance if you do report it to the trustee, you may lose more than your inheritance if you fail to disclose it. The specifics of what happens if you do......[Read More]

Prior to 2005, Chapter 13 bankruptcies did not exist. The only bankruptcy plan available to individuals was filing for the discharge of all debt under Chapter 7. A Chapter 13 bankruptcy gives the debtor another option. It allows a debtor to enter into a court approved payment plan to repay creditors......[Read More]

If you're writing a research paper about crisis management, an actual crisis management plan can be an excellent resource. However, to avoid accusations of plagiarism you're going to need to properly cite that plan in your references page. If you're writing your paper in APA format, your reference p......[Read More]

Filing for bankruptcy for your business is often a longer and more complex process than filing for individual bankruptcy. In a business, there are multiple sources of revenues and many categories of assets to consider, including accounts receivable. Accounts receivable hold all the business's revenu......[Read More]

If you are facing an administrative or non-judicial foreclosure, you still have options to stop it and save your home. By filing bankruptcy, you will stop the foreclosure process and be able to enter into a repayment plan to cure the arrears on your home. You will, however, be required to have enoug......[Read More]

When an individual or business files for bankruptcy, his is legally required to notify all creditors. Once creditors have been notified, they need to file "Proofs of Claim" with the bankruptcy court to collect money from the bankruptcy. If a creditor does not file a claim within the statute of lim......[Read More]

It is also vital that you look for the right lawyer. In this field of law, there are a lot of areas of specialty.......[Read More]

Debt settlement versus filing for bankruptcy: Which makes more sense for you? A lot of my clients consider each to resolve their debt problems and don't know which way to go. There is no righ......[Read More]

Be informed when advocating for yourself while filing bankruptcy.young lawyer image by Alexey Stiop from Fotolia.comChapter 7 is a form of bankruptcy also called liquidation. Chapter 7 allows the debtor freedom from personal liability on any debts that may be discharged. To qualify for.........[Read More]

A Florida bankruptcy attorney will be able to create better situations for their clients buy using local knowledge as well as contacts and connections. These advantages are even more important for tho......[Read More]

Unlike a Chapter 7 bankruptcy, where the debtors assets are liquidated to pay off their debt, a Chapter 13 bankruptcy plan is a form of bankruptcy that allows either individual or joint debtors to pay back a portion of their debt to their creditors over a period of three to five years. While under ......[Read More]

If you are in deep financial trouble and are thinking about filing for bankruptcy, then you should hire a knowledgeable bankruptcy attorney that can guide you through the entire process. Here is what your bankruptcy attorney will do once you have contacted them. Your Attorney Will Ask For All the Re......[Read More]

Chapter 7 bankruptcy involves liquidation.Bankrupt. Businessman with empty pockets (with clipping paths) . image by Vitaliy Pakhnyushchyy from Fotolia.comChapter 7 bankruptcy in California involves liquidation of a debtor's non-exempt assets to satisfy creditors. The debtor voluntarily.........[Read More]