Bankruptcy Taxes and Other Filing Facts: A Commentary on Professor BowersProfessor James W. Bowers's front-line proposal, to-abolish the Article 9 filing system, 2 is naturally appealing, to any practitioner who has toiled for long in the system's vineyards, but outright abolition would injure...
Filing for bankruptcy is one of the most serious financial decisions you can make, but that doesn’t mean it’s a bad idea. In fact,filing for bankruptcy may be the best option for you. “Bankruptcy is not a panacea for every situation, and I think that if you’re contemplating doing ...
Merle Haggard's ongoing dispute with Curb Records forced him into a long drought between records that he said contributed to his filing bankruptcy in 1992, along with tax problems. The country legend was able to settle his debts and then some when he sold the rights to 600 of his songs to...
Incurring overdraft charges and extraneous bank fees by bouncing more checks Seeking out illegal, offshore, or unregulated lenders Filing for Chapter 7 bankruptcy When states ban small-dollar loans, the marginal circumstances of consumers are only further aggravated. Small-Dollar Loans Benefit Communitie...
The threshold amount is $250,000 in the case of married filing jointly, $125,000 in the case of married filing separately, and $200,000 in any other case (unmarried individual, head of household or surviving spouse).114 Any difference between the amount withheld on wages in excess of $...
Well, if you listened to a recent segment on taxpayer-funded National Public Radio (NPR) with host Ailsa Chang and the network's "religion correspondent" Jason DeRose, you were told that the Church faced 500 lawsuits and they were filing bankruptcy to cover up their crimes and short the ...
It's hard to imagine filing for bankruptcy after winning thousands or even millions of dollars. But that's exactly what happens in some cases. Statistically, 1% of lottery winners in the Florida study went bankrupt annually. Who is more likely to lose it all?
Why is Facebook everywhere in the world, and Bebo, early star in social networking, filing for bankruptcy protection? Britain has the brains, it has the talent. Its young people have the entrepreneurial spark. Bitcoin is going to be the biggest thing since the internet itself. If Britain ...
Miller Went To Jail For Bankruptcy Fraud Photo: Dance Moms Collins Avenue Entertainment While she was filing for Chapter 11 bankruptcy protection, Miller attempted to hide some of the income she made, including $775,000 from her spinoff series Abby's Ultimate Dance. It's a federal crime, and...
The financial hit Gawker took as a result of the verdict contributed to the company filing bankruptcy in June, and the company was sold through an auction to Univision for $135 million in August 2016. In November 2016, Gawker reached a $31 million cash settlement with Hogan, which also call...