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Posted by: Rob Cohen
Gift or Loan, and Why Does It Matter for Bankruptcy?
Last updated May 31, 2017. When you’re struggling with debt, it’s natural to turn to friends and family for help. They know you and they trust you, making it simpler and easier to seek financial aid from them than from a bank. If your financial difficulties continue and you decide to file for bankruptcy protection,…
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Posted by: Walter Metzen
IRS Sanctioned for Willful Violation of Discharge Order
The Bankruptcy Discharge Applies Even To The Federal Government Creditors who attempt to collect on debts that have been discharged in bankruptcy often find themselves in serious hot water with the Bankruptcy Court. Bankruptcy judges take the discharge order very seriously and will dish out punishment to those who ignore its prohibitions against continued collection…
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Posted by: Walter Metzen
Make Paying Credit Card Debt a Low Priority in Rough Financial Times
Should I Pay My Credit Card Bills? The economic downturn caused people from all walks of life to turn to their credit cards as a life raft, hoping they could keep bills current with the plastic until a new job came around. Thankfully, sometimes that new job does pop up and the credit card bills…
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Posted by: Walter Metzen
How to Screw Up Your Bankruptcy Discharge
Last updated Oct. 30, 2017. In the vast majority of cases, the bankruptcy discharge is the primary reason debtors enter the Bankruptcy Court. After all, people file bankruptcy to get rid of debt, and a federal court order is certainly an effective way of making this happen. However, receiving a bankruptcy discharge is not guaranteed,…
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Posted by: Rob Cohen
Tax Refund and Bankruptcy? Here’s How to Keep Your Money
Last updated March 28, 2017. It comes up every tax season. You’re looking forward to receiving a big tax refund check, and you’re also working hard to get your bankruptcy case filed. So, what happens to your tax refund in a bankruptcy case? We’ve said it time and again on the forum: Tax refunds are…
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Posted by: Erik Clark
How to Pay Off High Interest Credit Card Debt
ContentsFollow These Steps to Pay Off Your Credit Card DebtDamage AssessmentBreak Your Dependence on Credit CardsPay Off One of the CardsPay More Than the Minimum Monthly Payment!Transfer Debt to Lower Interest CardsNegotiate With The BankKnow When to Look for Help Follow These Steps to Pay Off Your Credit Card Debt Perhaps like many Americans your…
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