Submitted by Anonymous (not verified) on Thu, 03/06/2014 - 00:43
The state of Texas, along with a few other states, may not allow creditors to garnish wages to satisfy debts, except for special circumstances such as spousal/child support, student loans and federal taxes. A wage garnishment is when a creditor receives permission from the court to withhold payment from paycheck earnings and have them forwarded […]
Submitted by Anonymous (not verified) on Tue, 03/04/2014 - 23:47
Bringing you the most up-to-date news, tips and blogs throughout the web. Here’s your Bankruptcy Update for March 4th, 2014 Detroit asks bankruptcy court to approve new deal to end swaps Electricity generator Mach Gen LLC files for bankruptcy Sorenson Communications files for bankruptcy
Submitted by Anonymous (not verified) on Tue, 03/04/2014 - 23:43
Real Housewives of New Jersey stars Teresa Giudice, 41 and her husband Giuseppe “Joe” Giudice, 43, may plead guilty to federal charges they are facing through a plea deal. Several media outlets have reported the couple may have a plea deal in place that could lessen their prison sentences with the possibility of millions of […]
Submitted by Anonymous (not verified) on Tue, 03/04/2014 - 19:00
Section 110 of the United States Bankruptcy Code provides that a non-attorney can assist in the preparation of the bankruptcy petition. However, as an Inkster, Michigan man just learned (the hard way), the Bankruptcy Code places numerous requirements on bankruptcy petition preparers and subjects those who do not comply to substantial penalties.
Submitted by Anonymous (not verified) on Mon, 03/03/2014 - 17:16
You Can Protect Most Property You can file bankruptcy and protect a certain amount of personal property. If you are filing a chapter 7 bankruptcy, then you have certain exemption amounts under Illinois law that allows you to protect a certain amount of property.