Top 10 Misconceptions About Bankruptcy
There are many laws within the Bankruptcy Code that are often misunderstood. Below are the top ten misconceptions about bankruptcy….
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Trends in Credit Card News- How New Legislation is Keeping Consumers Safe
Congress is taking steps to limit checking account overdraft fees that continue to charge consumers billions of dollars every year….
Florida Bankruptcy Court’s Non-Dischargeable Debts
Millions of Americans have struggled to gain control of their finances following the Great Recession. Many have filed for bankruptcy…
Top 10 Leading Causes of Bankruptcy
In the southern district of Florida, 31,989 people filed for personal bankruptcy in 2012 and 36,847 in 2011. However, the…
10 Factors that Make You ‘Unmortgageable’
Nearly one-fourth of those who apply for a home loan are denied, according to the Federal Reserve. As a result…
IRS Makes More Changes to Help Taxpayers gain a ‘Fresh Start’ with their Finances
On May 21, 2012 the Internal Revenue Service (IRS) announced a change in the terms of the Offer In Compromise…
Reuters Reports a Major Surge in Consumer Credit Spending
Reports show that U.S. consumer credit spending increased approximately 10 percent towards the end of 2011 in both revolving credit,…
Auto Lenders Pursue a Surprising New Type of Consumer
A recent report in the Wall Street Journal has shown that auto lenders are pursuing an unlikely growth market: people…
What the U.S. Credit Rating Downgrade means for Consumers
The global rating agency Standards & Poor’s recently downgraded the United States esteemed “AAA” debt rating, a rating it has…
What Debt is Dischargeable through Bankruptcy?
Bankruptcy laws specify that only particular types of debts can be discharged through bankruptcy. Chapter 7 and Chapter 13 bankruptcy…