The Amazing but True Evolution of Bankruptcy Law
You’ve heard of debtors’ prisons. But that’s only one hideous part of the very colorful history of bankruptcy law.
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You’ve heard of debtors’ prisons. But that’s only one hideous part of the very colorful history of bankruptcy law.
In most parts of the country, foreclosure rates have been highest for low-income borrowers, and lowest for higher-income borrowers.
Going on five years into our foreclosure disaster, a major report is now authoritatively giving us that sober news.
Here’s how to focus on running your business, by stopping your creditors from taking the wind out of your sails.
If your business needs bankruptcy help, getting it done might not be much harder than a personal bankruptcy. But it depends on how your business is set up and how much you owe.
Chapter 13 can be a great way to keep certain small businesses afloat, but how about Chapter 7? Can it ever be a simpler and cheaper way to do so?
Bankruptcy isn’t just for cleaning up after the death of a business. It can keep your business alive.
Why is the unemployment rate so high, years after the recession officially ended? If we knew the answer to this question, we’d have a fighting chance at addressing the problem.
If you owe a number of years of income tax debt, Chapter 13 allows you to favor those taxes that have to be favored, while dumping the taxes that can be dumped.
A “straight” Chapter 7 can write off some income taxes. But if you owe recent taxes, or multiple years of taxes, Chapter 13 is usually a much better way to go.
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