Choosing Better Financial Practices

The Bankruptcy Administrator: What Filers Should Know

If you are considering filing for bankruptcy, you may not be concerned with who will preside over your case. However, this person, known as the bankruptcy trustee, has a lot of power over how your Chapter 7 filing goes. Your interactions with the trustee may be limited, but they are all very important in having a successful bankruptcy experience. To learn more about when you will likely encounter the trustee during your bankruptcy, read on.   Read More...

3 Things To Know Before Using Chapter 13 Bankruptcy

Chapter 13 bankruptcy is the branch that people use to restructure or reorganize their debts. This branch does not offer an instant discharge of debts. Instead, it provides a plan for you to repay them. If you are interested in using this branch of law, you might want to learn several vital facts about Chapter 13 before hiring a lawyer to help you file. Here are several essential things you should know.   Read More...

Two Bankruptcy Mistakes People Make With Inheritances

Though inheriting money or property is often a fortuitous event, people who filed bankruptcy—or plan to do so—often make mistakes that result in the assets being confiscated by the bankruptcy trustee. Here are two common blunders people make when dealing with an inheritance during bankruptcy and how to avoid them. Not Planning for the Windfall Not all inheritances come out of the blue; sometimes they can be predicted. Although it may be difficult dealing with the circumstances leading to your receiving assets from a loved one, you'll be doing yourself and the person a disservice if you don't take steps to protect them.   Read More...

The Differences Between Your Bankruptcy Options

Do you need to file for bankruptcy and are confused by the different types that you can use? If so, it helps to know a general overview of the basic differences between Chapter 13 and Chapter 7 bankruptcy before you decide on the one that is best for you. Chapter 13 The first thing to know about Chapter 13 bankruptcy is that it is a repayment plan where your debts are consolidated to help with paying them back.   Read More...

Benefits Of Being Represented By A Tax Attorney

Mistakes and complications with your taxes can be extremely stressful and expensive to correct. Tax attorneys can be invaluable for helping individuals with correcting their current tax problems while avoiding new issues in the future. Assistance In Business Organization  When you are looking at starting a business, the tax and finance implications can be among the most complicated and important factors to consider. Unfortunately, individuals will often simply start an enterprise without giving much thought to these factors.   Read More...