Bankruptcy

Harris S. Ammerman, ESQ has filed many bankruptcy cases over the years. This experience has revealed many individuals who, haveing dealt with less knowledgeable attornies, who suffered unfortunate outcomes. These individuals made significant but avoidable mistakes. During a bankruptcy, even a small mistake can have a cost. In order to help you avoid jeopardizing your outcome, ensure you avoid these common bankruptcy mistakes. 1. Listening to Freinds and Family - All too often, people look to…

Bankruptcy has become more and more prevalent in the past twenty years. With the high rise of bankruptcy, comes crime, bankruptcy fraud. Bankruptcy fraud can be done by either a business or an individual, this paper will only be about business bankruptcy fraud. What is bankruptcy? What chapters can a business file? What are the ways or types a business can commit bankruptcy fraud? What are the penalties for committing bankruptcy fraud? And what are some examples and cases of bankruptcy fraud.…

Second Bankruptcies-Should or Should Not? Poor financial decisions, recessions or the loss of a job can happen at any time during a person’s life. These times may happen more than once in a person's life and require considering many less than ideal options. Sometimes filing a second bankruptcy is a way to wipe the slate clean once again. A person can only file Chapter 7 bankruptcy and receive a bankruptcy discharge once during an eight year time period. So, while filing another bankruptcy…

the protections provided by bankruptcy hesitate, worried about the long-term impact of having a bankruptcy on their credit history. While bankruptcies do stay on your credit report for up to 10 years, they don't necessarily represent the end of credit for you. The Gil Law Firm, a Dothan bankruptcy attorney serving clients in Alabama, Georgia, and Florida, explains the long-term consequences of filing for bankruptcy. In the immediate aftermath of filing for a bankruptcy, you'll see a sudden drop…

required the protection of bankruptcy law in 2008. With economic conditions still deteriorating well over one million are expected seek bankruptcy protection this year. Bankruptcy is designed to decrease and in some cases even eliminate the burden of debt and to provide property protection from creditors. Pro Se - Self Filing If bankruptcy is seriously being considered then one of the most important decisions to make is whether to hire a personal bankruptcy attorney. Some bankruptcy advisers…

The Truth Behind 4 Bankruptcy Myths It’s a major decision to file for bankruptcy, because there are credit and legal ramifications associated with it. Before you decide on moving forward with a bankruptcy filing, be sure to know the truth behind these 4 myths. Myth 1: Bankruptcy Causes You To Lose Everything A common misconception is that bankruptcy will force you to sell your assets. This is simply not true. You’ll be able to keep your car, home, and personal property. Local laws may state that…

Debt Law Website Keyword-bankruptcy lawyer Las Vegas Facing unmanageable debt can be a daunting experience especially with the difficult financial times. Trying to negotiate with creditors may be difficult, not to mention that some would want to repossess any item you have. Fortunately, you do not have to suffer in silence. A bankruptcy lawyer Las Vegas can help you. There are different options that one can use to settle debt. Debt consolidation, debt settlement and bankruptcy are some common…

What is corporate entrepreneurship and what does it do for the company? Corporate entrepreneurship is the representation of risk taking, being active, and showing innovation within a business. Having a corporate entrepreneurship can do many things for a company such as, improving the revenue, or rising to be the top competitor. The two businesses I chose to compare and contrast their innovations are, Martell Home Builders and General Motors Company. Pierre Martell, founder of Martell Home…

after making reduced debt repayments. There will be no more interest added, no more threats of legal action, and no more hassle from your creditors. A Protected Trust Deed will help you avoid bankruptcy, and all the unsettling consequences that come with it. Sequestration. This is also known as bankruptcy. If you can’t afford to pay debts of over £3000, you may be eligible to apply…

debt, there are a variety of solutions. At the least intrusive end of the spectrum, a quick lesson in how to manage one's finances could suffice in righting the ship. At the darker end of the spectrum, and individual may find themselves forced into bankruptcy protection, which offers protection against creditors in conjunction with a variety of extremely restrictive consequences. What is Debt Management Somewhere in the middle…