Filing for bankruptcy is a major decision that can have significant consequences on your financial and personal life. While it may seem like the only option when facing overwhelming debt, there are important things you should know before making this choice. Here are five key points to consider: ...
Bank v. Ibanez should be seriously considered. The recent foreclosure legislation proposed by Secretary of State Bill Galvin and Attorney General Martha Coakley contains mandates following these ideas. Galvin’s would create a special court to deal with Ibanez issues, and Coakley’s requires loan ...
The policy implication of this study is that entrepreneurs do respond to changes in personal bankruptcy law, even though it is intended for consumers, so this potential side effect should be considered when designing a new law.doi:10.1111/jems.12011Yongwook Paik...
Making an assignment in bankruptcy can stop many court or collection proceedings against a person. However, it should always be considered a last resort action after all other efforts have failed.There are limitations to the problems that bankruptcy can solve. In addition, bankruptcy will certainly...
Bankruptcy is considered a suitable solution when it is determined that the debtor’s operations are not viable or cannot be restructured in order to provide greater value to the stakeholders, or all other options have been exhausted. A Bankruptcy process usually begins with a company voluntarily ...
not see a light at the end of the tunnel; if you have hardly any belongings that could be considered valuable, no house, and your car is not very expensive, and that you see no way out in the foreseeable future, with things only predicted to deteriorate even further than they already ...
When you should file for bankruptcy Filing for bankruptcy is a big decision and shouldn’t be taken lightly. Before you go down this path, exhaust all other options first. Consider seeking help from a government-approved credit counselor that offers adebt management plan. A debt consolidation lo...
If the state or federal government owes you money for a tax refund that you have not yet received, this is considered to be an “asset” owned by you similar to money in your bank account. Assets should be disclosed in bankruptcies. You are then allowed to “exempt” or protect those ...
Filing bankruptcy is a personal decision that should be based on your specific circumstances. While all factors must be considered, your decision to file should be greatly influenced by the amount of debt you owe and your ability to repay it in the near future. A bankruptcy attorney can help...
The new American Farm Law: what lessons can be drawn from the ideological turnaround that it shows? The new Farm Law adopted by the United States is considered to represent a radical change in policy direction. With this law, federal authorities are commi... M Petit - 《Economie Rurale》...