A Guide to the Things That Causes Problem in Bankruptcy

Always remember; when you are filing for bankruptcy, there are certain things that you should always consider for proper proceeding. Here are some of the important factors that are crucial for a bankruptcy case:   Tax issues   If you have unfilled tax returns, then you are not eligible to file a bankruptcy case because […]

Bankruptcy Service= Growing Practice

Bankruptcy filings in the US took a dramatic downward turn in 2005 when the Bankruptcy Abuse Prevention and Consumer Protection Act was signed into law.  The law was designed to curb abuse and make it harder to erase debt.  Many attorneys across the country dropped bankruptcy assistance all together from their list of services, as […]

10 Largest Bankruptcies

“Capitalism without bankruptcy is like Christianity without hell.” – Frank Borman, former astronaut and CEO of Eastern Air Lines.   Former NASA astronaut Frank Borman sure knew what he was talking about, being brought down to earth by a workers strike at Eastern Air Lines where he was the CEO. The company eventually filed for […]

Bankruptcy attorney in Chicago – Helps You in Eliminating Your Debts

If you are facing problems with your ever increasing debts and feel bankruptcy as the viable option, you should essentially opt for professional help from a bankruptcy attorney in Chicago. As bankruptcy attorneys are familiar with all the state rules and regulations, they can greatly help you in solving your financial problems. An experienced bankruptcy […]

Chapter 7 Bankruptcy Means Test Opportunites

Every debtor who considers filing must fill out the Chapter 7 bankruptcy means test. In general, the formula determines options to file. For Chapter 7 cases, the test establishes an upper income permissible for individuals. If a person gets too much, Chapter 7 is not appropriate. If choosing Chapter 13, debtors must establish a steady […]

Under the New Bankruptcy Code is it Still Possible to File on Your Own

It’s true that there are more hoops to jump through under the new bankruptcy code and it’s true that the bankruptcy means test will result in some people having to file Chapter 13 instead of chapter 7. However, the vast majority of chapter 7 bankruptcy filers is still available with very little extra effort. If […]

Legal: Bank with care

Legal: Bank with care   Even if you have deposited cash with your bank in the prescribed format, with a valid counter-foil, there can be a freak chance that the money may not appear in your account. Therefore it is important to keep one’s guard up with every cheque or cash transaction done. Any irregularities […]

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