Bankruptcy & The Right Time To File

Chapter 7: Time To File? David Siegel: When would somebody want to file a Chapter 7 bankruptcy as opposed to not filing at all? What is the reason why someone would file a Chapter 7? Jesse Barrientes: I guess there are a lot of different reasons.

Former Georgia Hindu Temple Leader Facing Federal Charges including Bankruptcy Fraud

financial-fraud-chargesA 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 […]

Does Your Student Loan Lawyer Have White Knowledge?

white knowledge
If you’re in over your head with student loans and are looking for help, you probably want the lawyer who knows the most.
Someone who’s been practicing law for awhile would be a good idea. Definitely someone who’s got experience working through tough student loan issues.

Today In Bankruptcy – 03-25-2014

Today-In-Bankruptcy (1)Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for March 25th, 2014 G.M.’s Bankruptcy Drawn Into Defect Inquiry Bankruptcy Filings Give Quiznos, Sbarro Chances to Change Supreme Court hears case on bankruptcy-exempt inherited IRAs

What You Should Do with Your Tax Refund If You Plan to File Bankruptcy

th (3)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 […]

Why Your Bankruptcy Lawyer Asks For The Same Documents Every Month

bankruptcy lawyer demands for informationYour bankruptcy lawyer’s constant requests for information probably frustrate you.
Once you’ve gotten past the whole, “should I or shouldn’t I,” stage of things, you think it will go pretty quickly. Not so.
In fact, the major chunk of your bankruptcy lawyer’s work is done before the court gets involved.

Does Discharged Debt from Bankruptcy Get Reported on Federal Income Taxes?

th (2)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 […]

What To Do With Property Used As Collateral During Your Bankruptcy

In the last article I touched briefly on whether or not you could continue to make payments on property used as collateral without having to reaffirm the debt with the lender. To understand your options with regard to personal property used as collateral, I will be using the example of a car loan.The post What To Do With Property Used As Collateral During Your Bankruptcy appeared first on Tucson Bankruptcy Attorney.

Public Service Loan Forgiveness Is In Danger. Here’s How You Can Help Save It.

Business people group.
The 2015 federal budget is proposing deep cuts to the Public Service Loan Forgiveness Program. It’s time to make your voice heard.
The Public Service Loan Forgiveness Program allows federal student loan borrowers to wipe out these loan balances after 10 years if they work for a qualifying public service employer.

Today In Bankruptcy – 03-20-2014

Today-In-Bankruptcy (1)Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for March 20th, 2014 Bankruptcy: LightSquared Confirmation Hearing Begins With Questions On FCC NY shipping tycoon to take second bankruptcy hit Medical transcription firm M*Modal files for bankruptcy

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