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Bankruptcy & consumer credit : Law & Legal & Attorney

What Tax Information Is Needed to File Bankruptcy?

When you file for bankruptcy protection, you must provide the court with income information, debtor information and a complete financial snapshot. The bulk of the documentation features tax-related documents. Hiring an attorney will likely ensure that you do not forget to supply any key tax document

Chapter 13 Individual Vs. Joint

Both individuals and couples can file for Chapter 13 bankruptcy. When only one spouse has accumulated debt, his partner does not go into bankruptcy as well. However, the spouse does not have full protection from creditors.

How to Back Out of a Refinance Loan

The rights of rescission, which stem from the Truth in Lending Act, allow borrowers to back out of some refinancing loans without any penalties, if the rights are invoked within three days of the initial signing of the loan documents. Would-be borrowers are able to back out of certain loans for any

Why Do Lawyers Use Esq?

When you see a business card of almost any attorney, there will like be three letters after his name, "Esq." Standing for esquire, it is a term used to denote attorneys, much the same way Dr. or M.D. denotes a medical doctor. While the origin of the term is clear, there is some mystery as to how "es

What Is an LLC Resolution?

Banks and other parties with which an LLC, or limited liability company, may do business may require an LLC resolution. This is because company actions outside of routine business often must have member or manager approval.

How Do I Amend My Tennessee Bar Application?

Based in Nashville, the Tennessee Board of Law Examiners administers the bar exam to prospective attorneys. Once you apply for the exam and set a date to take it, the only way to change your test date is to file an amended application. This amendment request comes with required forms and fees, all a

UAE Tax Law

The United Arab Emirates (UAE) has a unique tax system in that national taxes are nearly nonexistent. Rather, the federal government has given each district--known as an "emirate"--the authority to establish its own taxes.

Bankruptcy Attorney and The Options He Gives His Clients

A bankruptcy attorney is a legal professional who deals with and helps people, companies and entities who may be in financial difficulty. The state of being bankrupt is one in which the person, for example, has difficulty paying off debts that he or she has incurred.

Bankruptcy Claims in South Florida

Florida is one of the leading states in numbers of bankruptcies and foreclosures since the decline in the housing market in 2008.

How to Find a Good Bankruptcy Attorney

In the past couple of years, due to the difficult economic situation, more and more people are finding themselves in need of a good bankruptcy attorney. If you are reading this, you are probably one of the many people who are struggling to survive financially and are considering filing for bankruptc

Document Storage & Retention Regulations

Companies are required to retain and store certain records.Jupiterimages/BananaStock/Getty ImagesThe Sarbanes-Oxley Act of 2002 provides the basis for most record retention regulations for all publicly traded companies. The records retention policy enables the government to ensure that...

Chapter 7 Bankruptcy- The Process Involved

Chapter 7 Bankruptcy is more of a liquidation that involves a debtor's non- exempt or non-excusable assets. These can be sold by the trustee to pay back the creditors as per the priorities th

Information on Corporate Bankruptcy

The United States Bankruptcy Codes governs corporate bankruptcy. These regulations determine how companies may reorganize their business under Chapter 11, if they plan to stay in business. The rules also direct the Chapter 7 bankruptcy process, should an enterprise choose to close and liquidate the

Bankruptcy Attorney: Guide To Best Decisions

Bankruptcy attorney can help guide you toward the best decisions for your situation. Arriving at the decision to file bankruptcy is difficult. To find the lawyer who is right to work your specific case, you must embrace your decision, own your situation, and tap all your resources for referrals.

How to Dissolve an LLP

Limited Liability Partnerships allow you to join forces with business partners. LLPs provide each partner an equal say in how the business is handled and conducted. LLPs also reduce liabilities each partner has to his own person. In other words, an LLP signatory is not responsible for his partner's

What Happens When You Declare Bankruptcy?

Individuals facing financial difficulties can obtain certain types of relief by filing for bankruptcy. Creditors will also have their interests protected during the case. There are many different types of bankruptcy but certain cornerstones of bankruptcy law--such as the automatic stay, the discharg

Non-Dischargeable Debts

Although bankruptcy offers debtors a unique method to escape creditor collection calls and restart finances after poor decision making or unexpected financial downturns, it is not without its exceptions. When most people consider how debts are released in bankruptcy, they are thinking of debt discha

How to Calculate Taxable Income for an S-Corp

A small business with no more than 100 shareholders can choose to be recognized as an S corporation. Businesses that elect S-corp status do so primarily for the tax benefit, which allows for the income of the business to be passed through to the shareholders without the business paying any taxes.