This is another case of waiting until the last moment to file a bankruptcy which was inevitable. Many debtors who get sued by their creditors, never respond to the summons, receive a default judgment and within a few days, weeks or even months, their bank account is emptied or their wages are garnished. That's when they [...]
Millions of Americans are losing hundreds of dollars a every tax year by not taking a closer look at what they can deduct from their taxes. According to Money Central the average American taxpayer is giving Uncle Sam an estimated extra $438 a year when filing taxes. With today's economy $438 is a lot of [...]
It's December and that means that tax time is just around the corner. But for those of us who are prone to procrastination when it comes to paying Uncle Sam, the Dallas Morning News offers a few great tax tips for saving money now, just in time for Xmas. Here's a few of the tax [...]
There is no minimum amount of debt required to file bankruptcy. Legally, you could file bankruptcy on $1; but who would do that? Bankruptcy is designed to provide relief to debtors facing unmanageable amounts of debt. The biggest issue with debt limits in bankruptcy is not the minimum; but the maximum amount of debt you [...]
Many legal residents hoping to secure a green card or citizenship face many financial difficulties, but are apprehensive about filing for bankruptcy because they fear it may hurt their immigration process. The good news is that there is no immigration law, statute, or regulation that states that if you file for bankruptcy you cannot become [...]