Free information about Bankruptcy http://e-articles.info/e/s/s/Bankruptcy/ en-us E-articles.info 2006 - 2009 Declaring oneself bankrupt is a last resort in trying to fix your failing finances. There are very serious consequences that happen when you file bankruptcy. For example, the record of your bankruptcy cannot be erased for 10 years... by Smith Bryan http://e-articles.info/e/a/title/Cost-of-Filing-Bankruptcy/ http://e-articles.info/e/a/title/Cost-of-Filing-Bankruptcy/ Fri, 28 Aug 2009 00:33:17 GMT Bankruptcy may be defined as the legally declared inability of an individual or organisation to pay their creditors, who represent a third party which supplied, to the individual or organisation, a product or service for which they are legally entitled to receive full settlement. As part of a process called involuntary bankruptcy, a creditor may instigate bankruptcy proceedings against a debtor in order to secure the funds for which they are owed. However, in the majority of cases, such proceedings are not required... by peter radford http://e-articles.info/e/a/title/BANKRUPTCY:-HOW-TO-SUCCEED / http://e-articles.info/e/a/title/BANKRUPTCY:-HOW-TO-SUCCEED / Thu, 18 Sep 2008 01:41:22 GMT Bankruptcy law not only protects the interest of the government and the creditors, but it protects the debtor that is filing bankruptcy. There have been several chapters of bankruptcy developed to fit the special needs of those filing bankruptcy and certain laws to be followed with them. Among the bankruptcy chapters are chapter 7 (liquidation of assets for businesses and individuals), chapter 9 (municipal bankruptcy), chapter 11 (rehabilitation, primarily used by businesses), chapter 13(rehabilitation for individuals), and chapter 15 (international cases)... by Dominic Scacci http://e-articles.info/e/a/title/Bankruptcy-Law-is-Meant-to-Help-You-Not-Hurt-You/ http://e-articles.info/e/a/title/Bankruptcy-Law-is-Meant-to-Help-You-Not-Hurt-You/ Sun, 18 Nov 2007 02:49:27 GMT It is true that bankruptcy attorneys make themselves a little bit of money when doing bankruptcies for clients, but it is also true that they want to make sure that you are making the right decision in using bankruptcy as a method to eliminate your debt since bankruptcy has long-term repercussions. But you are stuck because you are up to the hilt in debt and you need to do something about it. You have tried credit counseling, which did not work out because you simply did not have the means to make the monthly payment... by Rosy http://e-articles.info/e/a/title/Bankruptcy-Attorneys-Can-Help-You-Make-Good-Decisions/ http://e-articles.info/e/a/title/Bankruptcy-Attorneys-Can-Help-You-Make-Good-Decisions/ Wed, 31 Oct 2007 03:57:32 GMT Have you thought about starting your own online business? Have you already started and feel overwhelmed from high advertising costs? I know the feeling. I had squandered a lot of money buying advertising for my online business until recently. I am the founder of Skill Development Institute, a company that provides great typing and academic study lessons... by Todd Hicks http://e-articles.info/e/a/title/Avoid-Bankruptcy:-Advertise-the-right-way/ http://e-articles.info/e/a/title/Avoid-Bankruptcy:-Advertise-the-right-way/ Wed, 25 Jul 2007 04:23:37 GMT Filing bankruptcy is as simple as taking a set of papers down to the Bankruptcy court, standing in line at the Clerk of Court, paying a filing fee and having the papers date/time stamped and handed back to you. (The court keeps the original.) A Judge will also be assigned at this time... by Elena Oseki http://e-articles.info/e/a/title/How-Filing-Bankruptcy-Can-Help-You/ http://e-articles.info/e/a/title/How-Filing-Bankruptcy-Can-Help-You/ Fri, 06 Oct 2006 05:31:42 GMT In order to be eligible to file a Chapter 7 bankruptcy, you must be able to meet these guidelines: You must reside or have a domicile, a place of business, or property in the United States. You must not have received a bankruptcy discharge within the last six (6) years or have had a bankruptcy case dismissed within the last 180 days. Have a steady source of income so that you can make regular payments to the Trustee... by Elena Oseki http://e-articles.info/e/a/title/Chapter-7-Bankruptcy-and-Steps-That-Occur-in-Filing-a-Chapter-7-Bankruptcy/ http://e-articles.info/e/a/title/Chapter-7-Bankruptcy-and-Steps-That-Occur-in-Filing-a-Chapter-7-Bankruptcy/ Mon, 02 Oct 2006 06:39:47 GMT People who file a Chapter 13 bankruptcy do so in order to keep property in which a creditor has a lien — like a house or car, or if payments are behind and the creditor is about to foreclose or repossess the property. The filing of a Chapter 13 will stop the foreclosure sale and allow the person 3 to 5 years to repay some, but not all of their debts. Rather than wiping out all their debts in a Chapter 7 proceeding, Chapter 13 allows a person to reorganize and pay a certain percentage of their debts over a period of 3 to 5 years... by Elena Oseki http://e-articles.info/e/a/title/Chapter-13-Bankruptcy-Changes-in-Payments-and-Steps-That-Occur-in-Filing-a-Chapter-13-Bankruptcy/ http://e-articles.info/e/a/title/Chapter-13-Bankruptcy-Changes-in-Payments-and-Steps-That-Occur-in-Filing-a-Chapter-13-Bankruptcy/ Mon, 02 Oct 2006 07:47:52 GMT The World Bank, officially the International Bank for Reconstruction and Development, is the largest provider of development assistance to middle-income and low-income countries, directly financing projects and coordinating development assistance from other agencies. It also serves as a clearinghouse of ideas for promoting economic development, and publishes statistical data and research on the state of the world economy. Aside from negotiating a fixed exchange rate system for international trade, the Bretton Woods Conference of 1944 organized the World Bank under the auspices of the United Nations... by Mario Irizarry http://e-articles.info/e/a/title/The-World-Bank/ http://e-articles.info/e/a/title/The-World-Bank/ Sat, 16 Sep 2006 08:55:57 GMT If you are considering filing for bankruptcy, you are not alone. Many people have and will continue to file for bankruptcy based upon the times with corporate layoffs, downsizing and continuing business failures. Although not inclusive, the general guidelines below will help you determine if you should consider filing bankruptcy... by Elena Oseki http://e-articles.info/e/a/title/Things-You-Need-to-KnowBefore-Filing-Bankruptcy/ http://e-articles.info/e/a/title/Things-You-Need-to-KnowBefore-Filing-Bankruptcy/ Sat, 09 Sep 2006 09:23:15 GMT 1. If I am married, does my spouse have to file bankruptcy? No, however the spouse that does not file will not receive the benefits of bankruptcy. In other words, if the non-filing spouse is jointly liable on certain debts, he or she will remain liable for those debts if the filing spouse filed for a Chapter 7 bankruptcy... by Elena Oseki http://e-articles.info/e/a/title/Bankruptcy-~-General-Questions-and-Answers/ http://e-articles.info/e/a/title/Bankruptcy-~-General-Questions-and-Answers/ Sat, 09 Sep 2006 10:31:20 GMT Creditor — This is the person or company you owe money to because they extended credit to you. Debtor — This is YOU. You owe debts, so you are a debtor... by Elena Oseki http://e-articles.info/e/a/title/Terms-You-Need-to-Know-Concerning-Bankruptcy/ http://e-articles.info/e/a/title/Terms-You-Need-to-Know-Concerning-Bankruptcy/ Tue, 05 Sep 2006 11:39:25 GMT Bankruptcy is relatively easy. Over a million people file for personal bankruptcy every year. (In 2001, the number was over one and a half million... by Wiky Gornest http://e-articles.info/e/a/title/When-is-bankruptcy-the-right-choice-and-when-is-it-not/ http://e-articles.info/e/a/title/When-is-bankruptcy-the-right-choice-and-when-is-it-not/ Mon, 14 Aug 2006 12:47:30 GMT Chapter 7, known as straight bankruptcy or liquidation, is the more drastic step and historically has been the more common choice. (Recent legislation has made it more difficult to gain a court’s approval to file for Chapter 7 bankruptcy, and courts are steering more people to Chapter 13 bankruptcy.) Here’s what happens in a Chapter 7 bankruptcy: • If the court grants your bankruptcy petition, a court trustee decides which of your assets you can keep... by Wiky Gornest http://e-articles.info/e/a/title/Chapter-7-and-Chapter-13-bankruptcy/ http://e-articles.info/e/a/title/Chapter-7-and-Chapter-13-bankruptcy/ Wed, 09 Aug 2006 13:55:35 GMT If you are behind in paying your bills, your credit is already effected. Filing a bankruptcy may actually be your first step in repairing a bad credit situation. When a creditor finds a bankruptcy on your credit report, it shows them that all prior credit problems have been resolved... by Elena Oseki http://e-articles.info/e/a/title/How-Your-Credit-Will-Be-Effected-by-Bankruptcy/ http://e-articles.info/e/a/title/How-Your-Credit-Will-Be-Effected-by-Bankruptcy/ Fri, 04 Aug 2006 14:23:40 GMT Any debts you make AFTER you file your bankruptcy petition cannot be included in your bankruptcy. Any debts you made BEFORE you filed your bankruptcy petition, but forgot to include when you filed, can be added by your attorney. He/she will file an Amendment to whichever Schedule of the bankruptcy petition is effected by the additional debt(s)... by Elena Oseki http://e-articles.info/e/a/title/The-First-Steps-to-Filing-a-Bankruptcy-Petition-and-Rules-that-Apply-to-All-Forms-of-Bankruptcy/ http://e-articles.info/e/a/title/The-First-Steps-to-Filing-a-Bankruptcy-Petition-and-Rules-that-Apply-to-All-Forms-of-Bankruptcy/ Sun, 09 Jul 2006 15:31:45 GMT