Learning About Bankruptcy

Posted on: 25 April 2016

Students loans have a reputation for being nearly impossible to discharge--even through bankruptcy--and so most individuals do not even bother to try. In reality, however, studies have shown that as much as 40 percent of the only .1 percent of all student loan holders who sought to have their loans lowered or eliminated succeeded, meaning nearly half of those who applied had their burden lessened. If you truly do not have the ability to pay your loans and can demonstrate this hardship, it may be worth your time to have your case examined by a bankruptcy attorney. [Read More]

Posted on: 25 April 2016

Filing for bankruptcy can have a great many effects on the rest of your financial yer, including effects on your taxes. How you should handle your taxes differently in light of a bankruptcy depends on the type of bankruptcy you are filing for and other decisions that you have made. The Effects Of Filing Bankruptcy On An Audit If you are under an audit, filing for bankruptcy will not stop the audit. [Read More]

Posted on: 16 December 2015

The Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) are the guidelines everyone must follow when filing for bankruptcy. These guidelines mean that there are also loopholes that can be taken advantage of. Since Chapters 7 bankruptcy cases can be dismissed by the court if they feel you're abusing bankruptcy laws somehow, it's important to know what you can and cannot do when following the BAPCPA regulations. Requirements of BAPCPA [Read More]

Posted on: 14 December 2015

Oftentimes, people find themselves struggling to make ends meet. Whether it be because they lost their job or their hours got cut, everyone's situation is different. Regardless of what the reasoning is behind it, you don't have to struggle to get through it any longer. You should be able to enjoy life instead of being stressed out all the time about how to make ends meet. Thankfully, there is a solution that can put an end to your finance problems. [Read More]