by admin | Oct 22, 2012 | Uncategorized
Bankruptcy lawyer Citrus Heights have different styles of practice and one isn’t necessarily better than the other. Some handle a high volume of cases on an assembly line basis, relying heavily on paralegals. Others opt for a lower volume of cases with more personal...
by admin | Oct 22, 2012 | Uncategorized
When taking the median test, you first have to figure out your average monthly income during the six months preceding bankruptcy and multiply this number by 12 to see how you measure up against the median. The six-month period is determined as ending on the last day...
by admin | Oct 22, 2012 | Uncategorized
The Means Test, included in the Bankruptcy Abuse Reform Act, or “BARF”, is a formula that determines whether you can really afford to cough up some cash for your creditors. If you fail the test, your only option is to repay a portion of your debts over a five-year...
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...
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