Bankruptcy

Guy La Monica- How to Settle Your Tax Debts Learn How to Settle Your Tax Debts Owing tax debt can be a frustrating and costly endeavor. Guy La Monica, and his colleagues at RKL Tax Services LLC have options to offer you if you are one of the many tax payers with tax debt. Contact his office today to work with an accountant or Tax Preparer who understands what all of your options are, and meet with someone who can provide you with realistic solutions. What is Tax Debt? Tax debt is the…

There are many different kinds of paralegal jobs. Some of these jobs are family law, Estate Planning and Probate, Intellectual Property, Corporate, Bankruptcy, Litigation, labor and Employment, Real Estate and Immigration. Become a paralegal is one that is highly demanded in the career world. There is much diversity of paralegal jobs that provides a different source for service the people needs. In these areas, some may have the duties, but the findings are different. In family law, a paralegal…

The much loved sports retailer is now no longer a chain after it filed for bankruptcy on March 2, 2016. The last stores were open until May 18, 2016, until they hand to be shut down, and the company was closed for good. The spaces left by Sports Authority, are now being filled by its successor, Dick’s Sporting Goods, founded by Richard Stack in 1948. We will see if the replacement is as good as the original. Sports Authority was a sports retailer with its headquarters in Englewood, Colorado…

work done for free, the courts can sometimes help. When bankruptcy is filed, automatic stays are put onto any foreclosure process that arises or is already in process. This means that claimants cannot collect their owed money in a court of law. It is possible, however, for a contractor or subcontractor to file for relief from this automatic stay. This will allow them to foreclose on their lien, but this process must be done through the bankruptcy court. The claimant must show that just cause…

result, on August 24, 1789, the nobles and clergy of France lost their privileges by the National Assembly. The French Revolution is an outcome of the combination of the bankruptcy of France, the inequality of the Estates, and the slaughtering at the Bastille. Bankruptcy was a repeating problem for the French government. This bankruptcy began when France went to the 7 years war. As rivals against Britain, Louis did not hesitate to go to war with Britain. The only problem with this was that…

a long history of perseverance from the railroad bankruptcies of the 1800s, to the Great Depression of the 1930s, two world wars, and the Russian debt default in 1998 (Investopedia, 2015). Their century long history of endurance started to erode during the U.S. housing market collapse of 2008 with Lehman’s extensive investment in the subprime mortgage market. With $619 billion in debt and $639 billion in assets, Lehman Brothers filed for bankruptcy on September 15, 2008, making it the largest in…

with its competitive environment. Based on Modigliani and Miller (1958), optimal capital structure exists when risk of bankruptcy is balanced with the savings of debt. With this method, stockholder will be receiving greater returns compared to an all-equity firm. The use of debt in a company to obtain financial gain which is considered as an ‘easy way out’ may lead to bankruptcy for the company itself. Modigliani…

Johns-Manville Problem To determine whether or not it was ethical for The Johns-Manville Corporation to declare bankruptcy, it’s critical that both points-of-view are laid out to be critiqued. While it would be quite easy to argue that the company should have been liquidated in order to pay the medical costs of the countless asbestos victims, it’s very important to look at the situation from the perspective that saves the jobs of thousands and contributes to the betterment of the working…

In my court case Witherwax v Transcare, Inc. 2005 NY. Transcare ambulance transported Witherwax to the hospital 2000, and the transcare employee didn’t recorded the right address for Witherwax resulting in Witherwax not receiving a bill for the services performed by transcare. Transcare sent witherwax bill to a collection agency. Witherwax claims that Paul Michael reported the debt to the three credit reporting agencies as being "seriously past due. Witherwax tried to resolve the debt, but…

Why an FHA Financing is a Great Option Even though today's mortgage rates continue to be low, there are many buyers not able to qualify for home loans. Past credit histories, student loans, and other issues pose roadblocks that are difficult to overcome. However, one option buyers can use to finance a home is an FHA loan. If you've been told you don't qualify for a conventional loan, it may be time to carefully explore the many advantages of an FHA 203(b) loan. Credit Scores, Down Payments,…