*Note: This article is not legal advice, it is a personal opinion based on experience from the author. If you are seeking legal advice please check with your local bankruptcy attorney.
Reorganization or liquidation process is what bankruptcy is referred to. Federal court handles bankruptcies for people and businesses with debt. You too can qualify for [...]
Credit card companies send out brochures with a teaser rate of 0% interest for a fixed number of months and this is sent out to many people. The Zero (0%) rate if paid within the month is definitely enticing, hence, a lot of people give in to the temptation of using the credit card. Credit [...]
Montgomery Credit Card company, Advanta Corporation is in liquidation leaving thousands of its investors, mainly from the older age bracket, in a quandary over their lost investments. Many of its investors bought its much publicized investment notes that promised 9% interest even though it does not have Federal Deposit Insurance Corporation (FDIC) coverage.
In [...]
No phrase in the English language can cause more dread and more trepidation than, “You’re getting an audit.” It is a nightmare scenario that can cause sleepless nights and a huge hit to your bank account. What makes matters worse is that we often don’t know what the most widespread red flag triggers are until [...]
Many folks are astonished to discover that there is a statute of limitations on tax debt from the IRS. At the time of this writing, the statute is 10 years. nonetheless, there are plenty of exceptions to this rule. Also, the IRS knows full well exactly how much time they have to amass what is [...]