Those looking to stabilize their business finances must learn to pay down their business debt effectively. This article will look at strategies you can employ to get out from under your debt and have more money freed up for other business needs.
When people find themselves in financial trouble, they spend months contemplating their options. Bankruptcy is often thought of as a last resort and is put off until the very last minute. However, while someone is busy weighing their options, their creditor often moves against them. This legal action can result in a judgment and garnishment of wages. If this occurs, what recourse does an individual have? The answer may be an emergency bankruptcy filing.
When you are facing financial difficulty, bankruptcy is an option. Many people feel it is necessary to try everything else before taking that step - including working with creditors to settle your debts. Before attempting to work with creditors without professional assistance, knowing what to say is essential. Your creditors are well-versed in all things financial, but you may not be - so here are a few tips to help you achieve a settlement offer that works for you.
Not all debt is created equal, and not all debt is bad. But since debt is also the primary reason individuals find themselves in financial distress, it is essential to understand the differences and nuances involved with different types of debt.
At a time of life when security is important, the prospect of bankruptcy may be disconcerting. Is filing for bankruptcy the right move for senior citizens? It depends on their financial circumstances.
Due to high-interest rates, many consumers rapidly - and sometimes quite unexpectedly - find themselves in debt they cannot handle.
While bankruptcy has lost much of the stigma it used to hold, it is vital to understand the legal implications of any discrimination you may face after discharge.
Here in Florida, we have specific bankruptcy exemptions that must be applied to our filing and override federal rules if there is a discrepancy. The good news is that Florida exemptions are typically more generous than those offered under federal law. If you are considering a Florida bankruptcy, here is the exemption information you need to know.
One of the more confusing aspects of a personal tax return is determining what can be written off. Today, we'll examine the definition of a write-off and explore which expenses are legitimate and which are not.
Those facing personal bankruptcy might be looking for any way possible to pay off their creditors. During tax season, the prospect of a tax refund represents the opportunity to alleviate yourself of debt with one lump sum. However, if you are expecting a tax refund, you want to ensure that your money is spent in a way that helps your situation and doesn’t jeopardize your filing. If you are expecting a tax refund, a bonus, or any other type of cash influx, this tips will help you to determine the best course of action.