Bankruptcy Lawyer | Should you Give your Kids Allowance? Bankruptcy Lawyer . Teaching your kids about money management? Deciding whether to give a child an allowance is an important step. The decision to provide allowances (or not) really depends on what system works best for your particular family and each particular child. If you are [...]
Bankruptcy Calculator | Should Elderly File? Bankruptcy Calculator . Decreasing pensions and rising health care costs are causing more and more elderly Americans to seek bankruptcy relief. Senior citizens enjoy certain advantages over other debtors when filing for bankruptcy. But for seniors that own a lot of nonexempt property, bankruptcy may not be the right choice. [...]
Chapter 7 Bankruptcy | Basic Steps 1. Analyze your debt. Some debts, such as child support obligations, are not dischargeable in Chapter 7 bankruptcy. And if you pledged collateral for a debt, the creditor can take the property if the debt isn't paid. Find out more in Nolo's article When Chapter 7 Bankruptcy Isn't the [...]
Bankruptcy Lawyer | 5 Tips for Money Management Bankruptcy Lawyer . Money management is key to improving or maintaining your financial situation. Each of us has our own particular relationship to money. Some want as much of it as possible and devote significant time and energy to its pursuit. Others prefer to live simply on [...]
Bankruptcy Attorney | How Much Does Bankruptcy Cost? Bankruptcy Attorney . When you file for bankruptcy, you must pay a filing fee and costs associated with credit counseling. If you can’t afford the filing fee, you might qualify to pay in installments or for a waiver of the entire fee. Here’s the rundown of what [...]
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Bankruptcy Lawyer | Trumps 4 Bankruptcies Revealed When it comes to Donald Trump, it appears that he doesn't do anything half-way. Everything has to be the biggest, greatest, and most luxurious experience possible. This belief lies at the heart of the Trump philosophy – a philosophy which he has extended into the world of bankruptcy. [...]
Bankruptcy Lawyer | 6 Bankruptcy Myths Bankruptcy Lawyer . Filing bankruptcy isn’t the most pleasant situation, but with all the myths floating around, it can make it even more difficult to understand. To clear up any misunderstandings that you may have, we have debunked the following bankruptcy myths: 1. You will be relieved of all debts. Chapter [...]
Bankruptcy Attorney | What Happens to My Property? Bankruptcy Attorney . One of the leading questions in the bankruptcy process is, what happens to my property in bankruptcy? In most cases, property is protected in bankruptcy unless a borrower has significant assets that are not covered under bankruptcy exemptions. Regardless of where a debtor lives, [...]
Bankruptcy Calculator | What is the Marital Adjustment Deduction? Bankruptcy Calculator . What happens if you are filing for bankruptcy and your spouse is not? Accurate calculation of your means test (bankruptcy calcultor) may require you to leverage the marital deduction option. By using the marital deduction you can accurately separate expenses unrelated to your [...]