Articles from National Bankruptcy Forum

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Debt Settlement, the IRS and Bankruptcy: Three Rules to Know

Submitted by Anonymous (not verified) on Fri, 02/15/2013 - 20:06

If you find yourself deep in debt, and are exploring your options to get out, the odds are you’ve considered both bankruptcy and debt settlement. In order to help you make a more educated decision, there are three rules you should be aware of.

Chapter 7 Bankruptcy in Florida: What You Need to Know

Submitted by Anonymous (not verified) on Wed, 02/13/2013 - 01:07

An Overview of Chapter 7 Bankruptcy in Florida This article is part of a series on the various state exemption laws that can change the outcome of a bankruptcy case, especially as it pertains to keeping your property.

Can Creditors Garnish My Wages in Florida?

Submitted by Anonymous (not verified) on Mon, 02/11/2013 - 18:32

A Creditor’s Right to Wage Garnishment in Florida Hinges on Whether the Debtor Supports a Family and How Much They Earn Yes, Florida law does allow creditors to garnish your wages.

Can My Credit Card Company Sue and Take My Stuff If I Don’t Pay?

Submitted by Anonymous (not verified) on Fri, 02/08/2013 - 03:13

The Goal of Credit Card Lawsuits is to Strengthen the Lender’s Collection Position Credit card debt, unlike mortgage debt, is unsecured debt. This means your credit card company can’t come immediately take your stuff when you don’t pay.

Aurora Bankruptcy Lawyer Advises Filing Chapter 7 For Warren And Shirley Becker Of Aurora, Illinois

Submitted by Anonymous (not verified) on Thu, 02/07/2013 - 15:38

This is the case of Warren and Shirley Becker from Aurora, Illinois who are seeking advice concerning debt relief.  The Beckers do own a single family home worth approximately $80,000.  They have a first and a second mortgage on the property.  The first mortgage with CitiMortgage is approximately $125,000 to pay it off and they [...]The post Aurora Bankruptcy Lawyer Advises Filing Chapter 7 For Warren And Shi

Recommending Chapter 7 Bankruptcy For Daniel Davis Of Chicago, Illinois

Submitted by Anonymous (not verified) on Wed, 02/06/2013 - 17:34

This is the case of Daniel Davis who hails from Chicago, Illinois who is interested in Chapter 7 fresh start.  Mr.

Underwater Homes Owners Facing the Fiscal Cliff

Submitted by Anonymous (not verified) on Fri, 12/21/2012 - 22:14

Short Sales Will Have Increased Tax Consequences Starting In 2013 An important tax provision that allows underwater homeowners to short sell their home without tax consequences will expire at the end of this month. Earlier this year I wrote about this tax provision. You can review that article here.

The Twinkies Will Survive

Submitted by Anonymous (not verified) on Thu, 11/22/2012 - 01:24

Everybody is telling Twinkie jokes this week. Hostess Brands was limping its way through Bankruptcy Reorganization when its bakers heeded the call of their union and went on strike on November 9. As part of the reorganization effort Hostess had proposed wage and pension cuts.

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