Bankruptcy & consumer credit : Law & Legal & Attorney
Bankruptcy is a matter of federal law and is governed by federal law. As such, bankruptcy rules are uniform throughout the United States. In Oregon, the bankruptcy process is governed by federal statutes known as the Bankruptcy Code. Individuals who have had debts discharged in bankruptcy are allowe
When you owe money to multiple creditors, filing for bankruptcy can provide you with some court-assisted relief from the debt. During the initial stages of the bankruptcy filing, your creditors may still try to collect from you and charge you late fees. By the time you're done with the bankruptcy, y
Investment image by Svitlana Boldyryeva from Fotolia.comMutual funds are a type of investment in which your money is pooled with the money of others. A mutual fund manager then uses all of that money to buy stocks, bonds or other investments. This allows you to diversify your portfolio,...
A corporate bankruptcy bears some similarities to that undertaken by an individual. However, a corporate bankruptcy includes some additional steps and procedures that are not necessary or available in an individual bankruptcy. If you are a managing officer responsible for the future course of a corp
The Bankruptcy Court for the District of New Hampshire has its own local rules.money image by Holtea Silviu from Fotolia.comThe federal Bankruptcy Code sets guidelines that every debtor must follow in order to successfully complete a bankruptcy case. The Bankruptcy Code allows states to...
If you file for bankruptcy in Massachusetts federal court, you will begin a process that leads to what is known as the bankruptcy "fresh start." This is because bankruptcy essentially wipes out the majority of your debts. Bankruptcy also may be used to halt or prevent a foreclosure of your home. Thi
Signed permits governing the use of personal or commercial property are essentially contracts between two or more parties. Parties are bound by the language contained in these documents. You can use a sample permit contract in several circumstances, including teaching yourself to read and interpret
There are some people who love to do everything by themselves.They hate to ask for directions on the highway, and they never read a manual in putting together some home equipment.They're the kind of people who don't think they need help from anyone, even when declaring bankruptcy.Do they r
The Securities and Exchange Commission (SEC) is an independent federal agency created by the Securities Exchange Act of 1934. The Commission creates rules designed to enforce federal securities laws.
Facing ever mounting and seemingly uncontrollable debt, you may reach a point at which you consider filing for bankruptcy. There are different bankruptcy options available to you. By understanding the basics of the U.S. Bankruptcy Code you are in a sound position to make informed decisions.
One of the biggest mistakes that people make when they are facing financial hardship is to prematurely dip into their retirement funds. This is a major error because, often times, bankruptcy will prove to be the only way out of debt, and in many cases, retirement funds can be protected through the b
Not all debts are dischargeable under a chapter 7 bankruptcy.law courts image by Peter Helin from Fotolia.comA chapter 7 bankruptcy governs the process of liquidation under the bankruptcy laws of the United States. All debts are dischargeable under a chapter 7 bankruptcy, unless the debt...
Today more than ever the citizens are in dire straights, as the mortgage crisis continues folks are worried about losing their homes, of course, they have also been charging their lifestyle via their credit cards at 22%. The price of food and gasoline have skyrocketed and with the economy on a negat
By incorporating your nonprofit ministry, you can give it the power it needs to continue long after you are gone. Incorporating can also be used as a tool to protect your own assets should your ministry ever be sued or encounter legal problems and also help to reduce the amount of tax that your min