How To File for Bankruptcy If You Are An Individual
Here is a quick guide to how to file for bankruptcy if you are an individual. - Contact a reliable bankruptcy attorney . - Bring along all your financial papers including outstanding bills, bank statements,paycheck stubs from the most recent six months, copies of mortgages and car loans and tax returns to your first meeting with your bankruptcy attorney. - Your bankruptcy paperwork, called a petition, must list every debt you currently owe. [more...]
Date: 2009-09-26 14:22:34
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Bankruptcy: Pros and Cons
With today’s economic crisis, there are many individuals who may have no choice but to file for bankruptcy ... has been repossessed, or your debts have been taken over by a collection agency. As stated at the outset ... out there are consequences that need to be addressed. 1. Once you file for bankruptcy, it is listed on your credit [more...]
Date: 2009-01-09 14:49:45
Denver Bankruptcy Attorneys Shed Light on Current Bankruptcy Rules
Filing for bankruptcy is not quite as easy as it used to be, if you are under the impression that you can just sign some papers and have all of your debt absolved you may be in for a rude awakening. The government has made it quite a bit more difficult to file for bankruptcy after it was deemed that many too many people had been taking advantage of the system to have their debt absolved. [more...]
Date: 2009-09-29 17:41:08
Ultimate Debt Guide - Get Out of Debt With Debt Consolidation?
by Ash Ford How to get out of debt by not filing for bankruptcy or by signing up to a long-term debt relief plan which has the potential to push you ... truth about the credit card game is clear to me now and you’ll learn why numerous people remain in debt ... and be in over your head with loans, credit cards, car payments, mortgages etc. Finding a way [more...]
Date: 2009-01-15 02:47:14
Bankruptcy - What To Consider Before Filing
Bankruptcy - What To Consider Before Filing Posted By William Blake on @ 9: ... debt burden, and it’s sometimes the first method they reach for. Well, it may well relieve the burden ... , and these should be carefully considered. You will lose any credit cards that have outstanding [more...]
Date: 2008-09-17 14:25:20
How To Take The Challenge of Credit Card Debt
Filing for bankruptcy is one thing that you should rightly dread in your financial course. This process will crush your credit status with many financial institutions such as the banks and it is in fact an embarrassing process that any one would not want to go through. One thing here is that thee are always some more feasible approaches to debt consolidation that can see you through your financial storms. [more...]
Date: 2009-09-20 00:23:30
Learning to Deal with Credit Card Debts
Filing for bankruptcy is one thing that you should rightly dread in your financial course. This process will crush your credit status with many financial institutions such as the banks and it is in fact an embarrassing process that any one would not want to go through. One thing here is that thee are always some more feasible approaches to debt consolidation that can see you through your financial storms. [more...]
Date: 2009-09-20 00:26:44
Print Media Deathwatch: Tribune Files For Bankruptcy
Chicago-based Tribune Co. filed for Chapter 11 bankruptcy protection today ... debt load and a “perfect storm” of declining advertising revenue in a worsening economy, which led ... s existing $5 billion debt. The company sold Newsday to Cablevision for $650 million, and is looking [more...]
Date: 2008-12-08 22:45:46
Are Junk Bonds A Buy?
In what I expect to be a wave of big name corporate bankruptcies, Canadian telecom giant Nortel files for bankruptcy protection.Nortel (NT) ... consider Junk Debt Showing Great Depression Defaults Lures Investors.Record yields on high-risk, high- yield bonds and loans are luring Babson Capital Management LLC and TCW Asset Management Co., even [more...]
Date: 2009-01-14 19:25:00
Nortel Files for bankruptcy
From Bloomberg:Nortel Networks Corp., North America’s biggest maker of telephone equipment, filed for bankruptcy protection in the U.S ... , had more than $1 billion in assets and debt, according to a Chapter 11 filing of its U.S. subsidiary today in Wilmington, Delaware. Fourteen affiliates of Nortel’s financing unit are seeking similar [more...]
Date: 2009-01-14 18:24:00
Seek The Help Of A Bankruptcy Lawyer
Many people are forced to file bankruptcy each year, often due to no real fault of their own. It is all too easy to go into debt when you are working and making good money, but what happens ... t go into debt just to see what you could buy and then file bankruptcy on all of your creditors, but, through [more...]
Date: 2008-12-29 15:40:05
Nortel files for bankruptcy
Technology giant Nortel Networks Corp. filed for bankruptcy protection in Canada and the US on Wednesday, ... is due to repay a US$107 million interest debt on bonds.Creditor protection would give the company more opportunities to explore restructuring options or sell off some of its assets.The Toronto-based [more...]
Date: 2009-01-15 02:15:00
Nortel's statement on the bankruptcy filings
Nortel's statement on the bankruptcy filings Posted: January 14, 2009, 9:24 AM by DrewHasselback Filed under: ... authorization of its Board of Directors after thorough consultation with its advisors and extensive ... with its cost and debt burden, to effectively restructure its operations and to narrow its strategic focus [more...]
Date: 2009-01-14 14:24:00
Credit Card law questionable
There’s no shortage of blame for the mortgage crisis that drove the economy into the ditch ... Act of 2005, households could erase their unsecured debts by filing for Chapter 7 liquidation ... the reform, overindebted households might file bankruptcy and get rid of their credit card debt [more...]
Date: 2009-01-13 10:09:00
Tribune company files for bankruptcy
Tribune company files for bankruptcy Posted by Bill Jempty Published: December 8, 2008 - 3: ... principal payment on the debt, of $593 million, isn't due until June, Tribune has been in danger ... conglomerate Tribune Co., smothered by $13 billion in debt and weak prospects for generating cash [more...]
Date: 2008-12-08 20:19:41
Retailer Bankruptcy Filings Expected
From the WSJ: Wave of Bankruptcy Filings Expected From Retailers in Wake of Holidays ... U.S ... in the current downturn after a decade of buoyant consumer spending, which encouraged them to overexpand ... much debt and tighter lending standards ... the BK attorneys will probably be busy! [more...]
Date: 2009-01-12 01:29:50
Nortel files for bankruptcy protection
Nortel, the Canadian telecom equipment vendor, has filed for bankruptcy protection under Chapter 11 of the US Bankruptcy Code ... customers put off their purchases. It still has $2.6 billion in cash, but its long-term debt is around ... of money to settle a class action lawsuit in an accounting scandal. The financial crisis just put [more...]
Date: 2009-01-14 16:07:59
Bankruptcy filings rapidly increasing, California up 80%
Permalink Page 1 of 440 pages 1 2 3 > Last » Search CreditSuit ... mail: American Agencies collecting 10-year old debt Bankruptcy filings rapidly increasing ... Credit crisis deliberately caused by the regulators *** 20 Reasons to STOP paying your credit [more...]
Date: 2008-11-17 03:06:00
Debt Settlement
Debt settlement is a great service that allows consumers to pay off their debts for less than the amount they owe ... with you then to sell your debt to a third party collection agency. Often times collection agencies will purchase ... . It’s a great alternative for anyone considering to file for bankruptcy. The basic process of debt [more...]
Date: 2008-11-12 04:32:25
Be Careful With Credit Repair
Advertising messages offering to help people get out from under are over-the-top these days ... about debt settlement agencies and credit counseling agencies, cautioning debtors not to snatch at straws in an attempt to avoid filing bankruptcy. By way of quick review, debt settlement agencies [more...]
Date: 2009-01-05 12:39:47
Lehman Telcom?
Lehman Telcom? January 15th, 2009 by Rick Having a bankrupt investment bank like Lehman Brothers owning a piece of Hawaiian Telcom isn’t as far ... reorganization proposals, one of which is to convert its huge debt into stock. Lehman, which filed for bankruptcy in September, is one of a handful of banks that provided about $1 billion in financing [more...]
Date: 2009-01-15 14:57:31
Debt Relief USA Sued for Millions by Texas AG
Texas Attorney General Greg Abbott today took legal action to recover $4.6 million that a bankrupt “debt settlement” company wrongly withheld from its clients in Texas and other states. In June, Debt Relief USA Inc. of Addison filed for bankruptcy protection in the Northern District of Texas. As a result, more than 2,500 financially distressed customers [more...]
Date: 2009-08-20 16:30:16
Gerald Celente: “Rip up that front lawn with grass you can’t eat or smoke …”
Permalink Page 1 of 441 pages 1 2 3 > Last » Search CreditSuit ... Agencies collecting 10-year old debt Bankruptcy filings rapidly increasing, California up 80 ... Categories Credit crisis deliberately caused by the regulators *** 20 Reasons to STOP paying [more...]
Date: 2008-11-19 01:46:00
Funny video: telemarketing prank - adapt it for collectors
Permalink Page 1 of 440 pages 1 2 3 > Last » Search CreditSuit ... Debt buyer LVNV incorrect credit reporting of collection Categories Credit crisis deliberately ... 10-year old debt Bankruptcy filings rapidly increasing, California up 80% Perspective: poverty [more...]
Date: 2008-11-15 20:28:00
When To Consider Filing For Bankruptcy
There are many people who have been feeling overwhelmed by the burden of their high credit load. This can be seen though the increase in consumer bankruptcies over the past year. If you are feeling like you'll never be able to pay off the debt you've accumulated, you might be wondering if you should file for bankruptcy. 5 Vote(s) [more...]
Date: 2009-09-29 16:08:50
Is It A Good Or Bad Thing That So Many Companies Are Going Out Of Business?
What exactly will 2009 bring us in terms of businesses closing down for good? ... $2.56 trillion in consumer debt, with the average household’s credit card debt amounting to $8,565 ... filing for bankruptcy or are already in it, so we won’t know if some of them make [more...]
Date: 2009-01-06 14:00:00
Nortel Files For Bankruptcy Protection - Already struggling company couldn't weather telecom spending cuts...
Nortel Networks, North America's biggest maker of telephone equipment, filed for bankruptcy protection on Wednesday. According to Reuters, the former telecom juggernaut has $4.5 billion in debt, and issued the filing a day before they were due to make an interest payment of about $107 million. Nortel's troubles [more...]
Date: 2009-01-14 14:43:10
Creating a NEW system with new jobs, trade and money
Permalink Page 1 of 441 pages 1 2 3 > Last » Search CreditSuit ... 10-year old debt Bankruptcy filings rapidly increasing, California up 80% Perspective: poverty ... : poverty and wealth Categories Credit crisis deliberately caused by the regulators *** 20 Reasons [more...]
Date: 2008-11-18 02:36:00
The Trib is dead; long live the Trib?
The first domino has fallen. The Tribune Co., publisher of what used to be some of America’s best newspapers and operators of 23 television stations, has filed for bankruptcy, citing nearly $13 billion in debt compared with $7.6 billion ... ., struggling with debt and trying to cop a $225 million mortgage on its year-old grand edifice [more...]
Date: 2008-12-08 23:55:19
The Bad Credit Special Loans.
By Denzel Abintenk Many of the citizens are able to take delivery of bad credit loans after filing the bankruptcy, ... a serious debt load. still with the novel laws there are those who carry on to pile on debt and file [more...]
Date: 2009-01-03 08:04:53
Foreclosure Help is On the Way
The freeze on foreclosure sales and evictions has now been frozen until the end of January, ... mortgage debt for people filing for bankruptcy. The IRS is also stepping up to the plate to assist ... payments, many of the homes in question carry IRS tax liens. Over 600,000 such tax liens are filed [more...]
Date: 2009-01-13 03:52:55
The Best Online Debt Cures
Hello- If the thought of talking to a credit counselor giving them all your personal information sounds frightening to you, ... is one of the fastest ways to reduce your credit card balances without filing bankruptcy. Many people ... in credit card debt, they can help you reduce your balances by up to 50% or more. Take a look [more...]
Date: 2009-01-08 02:17:08
The Bad Credit Special Loans.
by Denzel Abintenk Many of the citizens are able to take delivery of bad credit loans after filing the bankruptcy, ... debt load. still with the novel laws there are those who carry on to pile on debt and file [more...]
Date: 2009-01-04 10:28:13
The Bad Credit Special Loans.
by Denzel Abintenk Many of the citizens are able to take delivery of bad credit loans after filing the bankruptcy, ... debt load. still with the novel laws there are those who carry on to pile on debt and file [more...]
Date: 2008-12-19 22:10:26
Chapter 13:
Chapter 13: December 22nd, 2008 A Chapter 13 bankruptcy is also called a wage earners plan ... in Michigan. “We are a debt relief agency. We help people file for bankruptcy relief under ... . During this time the law forbids creditors from starting or continuing collection efforts [more...]
Date: 2008-12-23 01:38:35
Chapter 13:
Chapter 13: December 23rd, 2008 A Chapter 13 bankruptcy is also called a wage earners plan ... in Michigan. “We are a debt relief agency. We help people file for bankruptcy relief under ... . During this time the law forbids creditors from starting or continuing collection efforts [more...]
Date: 2008-12-23 04:22:27
Personal Decisons When Filing Personal Bankruptcy
by Grace Holt Unemployment has reached a fourteen-year high. Bankruptcies in Florida are no exception ... walking away form debt becomes a moral decision. This is especially true in the Christian community ... citizens to function. Drowning in debt will never produce productive citizens. Is bankruptcy right [more...]
Date: 2009-01-13 12:14:46
Reader mail: Need inquiry deletion to pay for surgery or will die
Permalink Page 1 of 440 pages 1 2 3 > Last » Search CreditSuit ... and money Reader mail: American Agencies collecting 10-year old debt Bankruptcy filings ... on 11 16 2008 Happy ending at foreclosure auction Categories Credit crisis deliberately [more...]
Date: 2008-11-16 02:27:01
Personal Bankruptcy and Tough Decisions
by Grace Holt Deciding to file bankruptcy is not an easy decision for most people. Bankruptcies in Florida are no exception ... . For many walking away form debt becomes a moral decision. This is especially true in the Christian ... productive citizens to function. Drowning in debt will never produce productive citizens [more...]
Date: 2009-01-13 09:54:24
Boom! Nortel Files for Bankruptcy Protection
While not surprising given the speculation, it is still a stunning development that Nortel has, in fact, filed or bankruptcy protection ... of its Board of Directors after thorough consultation with its advisors and extensive consideration of all other alternatives. This process will allow Nortel to deal decisively with its cost and debt [more...]
Date: 2009-01-14 14:14:52
How to Avoid Filing for Bankruptcy
Bankruptcy is an ugly word in the financial world. But many people see it as their only way out of financial trouble ... . Instead, steps should be taken in order to pay back debts and clear credit, like debt consolidation ... is also affected by our society’s recent dependence on credit cards, as well as our debt to income ratio [more...]
Date: 2009-01-06 14:45:08
Reader mail: American Agencies collecting 10-year old debt
Permalink Page 1 of 441 pages 1 2 3 > Last » Search CreditSuit ... Agencies collecting 10-year old debt Bankruptcy filings rapidly increasing, California up 80 ... and wealth Categories Credit crisis deliberately caused by the regulators *** 20 Reasons to STOP [more...]
Date: 2008-11-17 19:13:00
Nortel files for bankruptcy
Nortel Networks, once a high-flying telecommunications equipment maker, filed for Chapter 11 bankruptcy protection overnight ... has also put some of its assets up for sale in an attempt to survive. But mounting debt payments ... for the Toronto, Ontario-based company is paying the interest on its US$3.8 billion in bond debt. Nortel faced [more...]
Date: 2009-01-14 22:39:02
Perspective: poverty and wealth
Permalink Page 1 of 440 pages 1 2 3 > Last » Search CreditSuit ... mail: American Agencies collecting 10-year old debt Bankruptcy filings rapidly increasing ... 16 2008 Perspective: poverty and wealth Categories Credit crisis deliberately caused [more...]
Date: 2008-11-16 19:52:00
Britain Becoming ‘Bankruptcy Tourism’ Hotspot
Cash-strapped Europeans are travelling to Britain to go bankrupt – then returning home debt-free. “Bankruptcy tourism” is becoming so popular that a company is now helping insolvent Europeans to travel and live temporarily in the UK. Lenient laws mean that foreigners can live in Britain, file for bankruptcy and leave with the slate wiped clean after [more...]
Date: 2009-09-27 15:44:02
LyondellBasell May Seek Chapter 11 Bankruptcy Protection
LyondellBasell Industries, a chemicals maker controlled by the investor Len Blavatnik, may file for bankruptcy as a way to restructure debt that financed its $12.7 billion merger a year ago. The company hired an executive to oversee a restructuring in case it seeks court protection [more...]
Date: 2009-01-05 11:50:18
Bad Debt What Is It?
by Emma Elvie Most of us in today’s society never really pay any attention to the amount of debt that we accumulate until it is too late and then we are facing whether or not we should file bankruptcy. Well if you want to know how to avoid bad debt and what you can begin doing to get rid of all that excess burden in your life then you have come to the right place. I personally understand how difficult it can be on a person who has a lot of bad debt to pay each and every month. [more...]
Date: 2009-09-24 15:40:46
Nortel Networks Files for Chapter 11 Bankruptcy
Major telephone equipment manufacturer Nortel Networks filed for Chapter 11 bankruptcy protection today. P2PNet News has a good summary of the details: “The move came a day before the Canadian telecommunications company was due to make a $107-million interest payment on its debt.” Nortel has lost [more...]
Date: 2009-01-14 17:30:43
Personal Bankruptcy and Tough Decisions
by Grace Holt Deciding to file bankruptcy is not an easy decision for most people. Bankruptcies in Florida are no exception ... decision for many You have been taught to pay what you owe. For many walking away form debt becomes ... . Drowning in debt will never produce productive citizens. There is no law that says you cannot pay [more...]
Date: 2009-01-14 09:21:59
Surprise, Nortel Files for Bankruptcy. Not really!
Well, it’s been some hectic years for our trusted friend from the north - Nortel, but as we all know there’s been more downs than ups ... before Nortel was due to make a debt payment of $107 million. Facing a sharp drop in orders ... . As of its last quarterly filing, Nortel had $4.5 billion in debt and $2.4 billion in cash. Nortel said Wednesday [more...]
Date: 2009-01-14 22:41:58
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