by admin | Oct 22, 2012 | Uncategorized
Counterintuitive as it may sound, bankruptcy is frequently the first step on the road to credit repair. The federal Fair Credit Reporting Act with the Fair and Accurate Credit Transactions Act offers you some measure of protection against inaccurate credit reports. ...
by admin | Oct 22, 2012 | Uncategorized
When you owe less than $250,000, getting the IRS to accept a payment proposal is pretty easy. An installment agreement requires that you make all payments on time, file all future tax returns and pay the taxes due on those returns in full, furnish updated financial...
by admin | Oct 22, 2012 | Uncategorized
If you are genuinely considering bankruptcy, unsecured creditors may agree to settle for a pittance because when you do file for bankruptcy, they wouldn’t receive anything. Assume you borrowed $50,000 to start a business, which never got off the ground. There’s no...
by admin | Oct 22, 2012 | Uncategorized
You don’t need to file bankruptcy just to solve a trivial financial problem. There are a number of things you may want to consider before resulting in bankruptcy. If you can get your financial house in order through discipline and careful budgeting, do it. The key...
by admin | Jun 20, 2012 | Uncategorized
Obviously, if you are filing for bankruptcy, your spending habits need to be reevaluated. With that in mind, there are certain categories you need to cut off completely or reduce tremendously. For one, the small daily $3 lattes add up. Unnecessary spending provides...
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