The word “bankruptcy” can strike fear into the heart and mind of even the most stoic individual. It is a terrifying proposition that gives visions of losing a home, precious items and memories being sold just to make ends meet or something equally as frightening. In fact, there are a number of different ways of filing bankruptcy and just because you feel you are in dire financial trouble doesn’t mean you need to do so. So if you are asking “when should I file for bankruptcy” the information here may ease your fears.
Surprisingly enough, there are benefits of filing bankruptcy. It may end up being a positive solution to your financial situation. Doing so could stop wages from being garnished, repossession of materials or foreclosure on a house. While this may sound simple, legal advice i Read More
When I moved for the first time, from my childhood home to my college dorm room, “moving” meant loading as much of my stuff as I could into the family station wagon. It was one trip, and the assumption was that most of that stuff was expendable. As I got older, and acquired more things, a move became more complicated. In my 20s, moving meant renting a U Haul truck, bribing some friends with beer and pizza, and making a day of it. After college, there were suddenly more options and more complications to making a move.
In my younger days, moving generally meant going from one apartment to another apartment in the same city or area. As I began my family and career, however, I had to learn the ins and outs of how to make a long distance move, including one, for my first job, that involved Read More
Chances are, you found this article after asking the almighty Internet “when should you file for bankruptcy?” Well, I will be brief, blunt and to the point.
Before you can file for bankruptcy you need to get a consultation with a tax attorney to find if you even can file for bankruptcy.
The truth of the matter is that there are tons and tons of different kinds of bankruptcy, and each vary from state to state, too. The Chapter 7 bankruptcy laws are completely different from the Chapter 13 bankruptcy laws, and neither are similar to the Chapter 11 bankruptcy code.
Tax attorneys have all the information that you will need to get yourself through this dreadful time in your life. Facing debts, especially tax debts, can b Read More