Twitter, Facebook, and Emailing about your Bankruptcy case

Tweeting, Facebook posting, emailing, and even cybersquatting on website domain names can and will affect the outcomes of a pending bankruptcy case.  As tempting as it is to post negative status updates about your creditors or of a debtor’s balance sheet or personal identification inf
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Bankruptcy and Credit Scores

A credit score is a reflection of your credit history. Filing a bankruptcy will show up on your credit report and be reflected in your score. However, this is not as bad as one might think. Most people that file bankruptcy already have negative credit reporting affecting their credit
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How Does Bankruptcy Affect My Credit?

Many individuals fear that filing a bankruptcy will hurt their credit score and prevent them from getting further credit. While there are many factors involved in a company’s decision to provide financial products to an individual that has filed bankruptcy, it is important to remember
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Are you aware what bankruptcy help offered to veterans?

Most of the people in the US are compelled to file bankruptcy after the recent economic meltdown. However, America’s veterans are no exception as they are also victimized by the poor economic situation. However, the veterans are offered bankruptcy help that is governed by article 522(
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Bankruptcy – The right solution when all seems lost

The process of bankruptcy involves eliminating or repaying business or consumer debt under the protection of the federal bankruptcy court. There are essentially 2 parties involved in every bankruptcy filing; they’re the debtor and creditor. The debtor can be a company or an individual
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Boost in Minimum Wage for Some States

Eight States which include Arizona, Colorado, Florida, Montana, Ohio, Oregon, Vermont, and Washington all raised the minimum wage to keep pace with inflation.  The increase in these States ranged between 28 and 37 cents per hour and will take affect January 1.  More than 1.4 million l
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Mixed Feelings on the Current Housing Market

Some economic experts and analysts contend that there is little chance for a housing recovery.  That extremely pessimistic outlook is not based on feelings, but upon solid economic data.  The year of 2011 was a sad story for the housing market.  The market saw record low 30-year mortg
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Historic Low for Mortgage Rates

In the 40-year history of Freddie Mac’s Primary Mortgage Market Survey, interest rates on a 30-year fixed-rate loan is the lowest it has ever been.  Just in time for the holidays, the mortgage rate on a 30-year mortgage is now 3.94%.  Mortgage rates have been falling over the entire y
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Dispute over whether Scottie Pippen filed for bankruptcy

Former Chicago Bulls star, Scottie Pippen, most notably known for his time playing alongside Michael Jordan in the Bulls six NBA championships, has filed a multimillion-dollar federal lawsuit Tuesday, December 13, 2011.  The lawsuit claims that several websites and media outlets false
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Sometimes Income Taxes Are Dischargeable In a Bankruptcy

As a general rule taxes are nondischargeable in a bankruptcy. However, in some circumstances, income taxes can be discharged in a bankruptcy. In order for income taxes to be eligible for a discharge in a bankruptcy, the taxes must have been filed for at least two years and the taxes m
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