It might come as a surprise to some, but errors on credit reports are remarkably common. In fact, it’s estimated that at least 10% of all credit reports contain errors of one kind or another, with the potential side effect of having a demonstrable impact on your financial standing through your FICO score. Here are […]
What Errors Typically Show Up in Credit Reports? Read More »
A Preferred Creditor lawsuit is the very last thing most businesses want, but they’re also not something you can predict. They’re bad news for a couple of reasons, but the main one being that one of your debtors has just filed for bankruptcy, which means you’ll need to find a way to offset that bad
Sued For Preference – What Defences Are Available? Read More »
The court system of the United States provides more than adequate protection for people or businesses who find themselves in financial distress. Fortunately, as a creditor you also have rights when it comes to claiming money owed to you. In even better news the process for actually reclaiming what’s owed to you is remarkably straightforward,
When Can I Expect to Receive a Distribution on My Proof of Claim? Read More »
In a clear-cut personal injury case you are able to clearly identify that a business was responsible for your injury e.g. a slip and fall accident, or a car accident. There are a number of situations where you might not be able to clearly prove that the other party was negligent, so you may be
Is there any other basis for personal injury besides negligence? Read More »
There are two basic choices available to a business if and when it decides to declare bankruptcy. Chapter 7 and 11 are when a business has hit a financial wall and can no longer stay operational. In filings of this type there is no exit process because the company will cease trading immediately, and investors
What Does it Mean When a Company Exits Bankruptcy? Read More »
There’s a lot of stress involved in the decision to declare bankruptcy. In fact, it may have taken you several weeks, or months, to arrive at the decision to petition the courts for bankruptcy case, so you won’t have focused too much on what comes afterwards. It is, however, very important to understand a basic
How Do I Find Out What is Happening in my Bankruptcy Case? Read More »
Did you know there are provisions within the Bankruptcy Code which allow your trustee to claim certain assets of yours even after you’ve filed for bankruptcy? This can mean that an inheritance, a tax refund, vacation pay, or anything else of value can be claimed by your trustee as part of your “bankruptcy estate” and
After Acquired Interest Not Part of The Bankruptcy Estate Read More »
When a loved one passes away your thoughts will initially be occupied with taking care of their funeral, and then the mourning process begins. Once your life begins to return to normal you then need to focus on your financial status, and in particular the financial affairs of your deceased spouse, and whether or not
Can Creditors Pursue Me For The Debts of My Deceased Spouse Read More »
Most personal injury cases can be settled without involving a courtroom appearance by either party. In certain situations insurance companies can prove to be extremely difficult to deal with, so your attorney might suggest bringing a court case against them. If this does happen then you will be expected to give your version of events
Tips For Testifying In Your Personal Injury Case Read More »
It’s a good idea to take an honest look at your personal finances before you take any steps towards regaining ownership of your car. After all your car was repossessed because you were unable to maintain the payments on it, so unless your personal circumstances have changed dramatically you might need to reconsider any attempt
Bankruptcy Solutions For Getting Back Your Repossessed Vehicle Read More »