by: Muna wa Wanjiru.
There are many methods that you can use to clear yourself of the many debts that you have. These methods can include going to bankruptcy courts, but you will need to know what is recommend for the bankruptcy courts in your state. The Texa...
by: Muna wa Wanjiru.
Every state in the US has ways of dealing with bankruptcy. These ways revolve around the framework of the bankruptcy code but they are defined by the parameters of the state. The Ohio bankruptcy laws have been amended so that the new laws...
by: Eddie Tobey.
The U.S. Government recently approved a bill that brought about some major changes in the bankruptcy laws on April 20, 2005. The bill is called the \"The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005\". As per this bil...
by: Eddie Tobey.
U.S. bankruptcy laws fall under federal statutory law provided by Title 11 of the United States Code. They have been periodically revised and amended to provide full and fair cover for genuine cases and to eliminate the potential for the...
by: jarnold.
A commonly asked question today is, what exactly comprises bankruptcy law? This question can not be answered in one sentence. But if we were to simplify matters, then we would say that it is that branch of the law that concerns those peopl...
by: Eddie Tobey.
Federal bankruptcy laws are only for companies and firms that wish to file for bankruptcy, individuals cannot go for these options. Chapter 11 and Chapter 7 are the two main categories of federal bankruptcy laws that businesses can choo...
by: Eddie Tobey.
Chapter 7 is one of the bankruptcy laws that can be used to file a petition if the borrower has an excessive amount of debt and has no way to repay it. The law is for individuals wishing to file for bankruptcy. This law allows a trustee ...
by: Eddie Tobey.
Individuals can file for personal bankruptcy as a last ditch effort when their credit reaches the limit. This helps them clear out a few debts by selling their assets and starting a whole new life without creditors beating at their door....
by: Eddie Tobey.
Chapter 13 is a bankruptcy law under which a petition can be filed by an individual or company. Chapter 13 dictates that the debtors repay the debt amount from their monthly earnings in installments. The court decides the time within whi...
by: Eddie Tobey.
Businesses, companies, and firms can file for bankruptcy if they are on the verge of failing all their creditors and losing their position in the market. The laws that deal with such cases are federal bankruptcy laws or Chapter 11 and Ch...
by: Muna wa Wanjiru.
Becoming bankrupt is not something that many people think about. There are occasions when this will happen and these individuals will need to file for bankruptcy. The various chapters of bankruptcy like chapter 13, and chapter 11 are take...
by: MIKE SELVON.
Things happen. No matter how hard a person tries, sometimes events in a person's life turns everything on end and creates havoc. Often, this results in serious financial challenges which leads people to seek bankruptcy relief to help them...
by: Muna wa Wanjiru.
The US congress passed a set of uniform laws to govern how bankruptcy is dealt with. In these bankruptcy laws, or the bankruptcy code, there are ways to protect the debtor from being harassed while they are trying to pay off their loans. ...
by: Jay Moncliff.
Filing for Texas bankruptcy should be standard as it follows regular federal bankruptcy laws and statutes. The only difference may be in the state exemptions. Otherwise, in filing for Texas bankruptcy, be sure that if you are filing the ...
by Csmith1171. There has been much talk and even more confusion recently about the wine-to-go-laws enacted across the nation. These laws have also been referred to as: cork 'n carry laws, merlot to go laws, wine doggie bag bills, pinot to go laws, and re...