from The American Bankruptcy Institute
When you file for bankruptcy keep in mind there are specific actions required by the debtor to complete in order to obtain a successful discharge. In this case, it often includes attending the meeting of creditors (also known as the 341 meeting of creditors). But under certain circumstances you may be able to have the meeting […]
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for March 27th, 2014 Interfaith Medical Center files plan to exit bankruptcy Brookstone Preparing to File for Bankruptcy Energy Future Said Closer to Deal That Speeds Bankruptcy
A recent study continues to confirm one of most leading causes of consumer bankruptcy: medical bills. Yet, the study also brought to light other significant points that may hint medical bills may become the number one reason why bankruptcy is filed. Unpaid medical bills may surpass mortgage debt and credit card debt for various reasons, […]
A former Georgia church leader is charged with numerous counts of fraud while using his position in the church to execute his fraud schemes. Annamalai Annamalai, also known as Dr. Commander Selvam and Swamji Sri Selvam Siddhar, was leader of the now defunct Hindu Temple of Georgia. He allegedly charged followers for services while using […]
If you are expecting to receive a tax refund before filing bankruptcy you may be able to spend it wisely without causing legal headaches. There are a few actions to consider when it comes to using your refund before you file and this includes reviewing your intentions with your bankruptcy attorney. You can get further […]
During tax season the question often arises regarding discharged debt and whether it has to be claimed as income on federal income taxes. This widely depends on whether the creditor acknowledges discharged debt as being canceled debt. If this is the case debtors may receive a 1099c form from the creditor to include when they […]
A California man gets 17 years in prison for hiding assets in his divorce and bankruptcy cases. Steven K. Zinnel, 50, a former Gold River businessman split from his wife back in 1999 but tensions between them made the divorce even more difficult to deal with. Soon after filing divorce, Zinnel filed bankruptcy and claimed […]
One factor that can make a difference in how your bankruptcy case proceeds is making necessary deadlines. You may not realize there are a number of timelines related to your case that are important and play a big role in helping debtors achieve the outcome they want. While there may be several you need to […]Bankruptcy News for You
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