Posts tagged with: "Debt"
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25 Apr 2022, 6:48 am
The CFPB has issued its annual Fair Debt Collection Practices Act report covering the CFPB’s debt collection activities in 2021. [read post]
25 Apr 2022, 6:00 am
As the name “Limited Liability Company” suggests, one would think that a member can never be liable for the debts and obligations of the LLC or otherwise while acting for the LLC. [read post]
25 Apr 2022, 4:41 am
RUSSIA, UKRAINE – GLOBAL RESPONSE In recent days Russian authorities have stopped publishing data on government debt, trade statistics and oil production, while lawmakers work on a bill banning lenders from sharing data with foreign states. [read post]
24 Apr 2022, 7:05 pm
Priority debts must be part of the repayment plan. [read post]
24 Apr 2022, 4:15 pm
The automatic stay applies to your debts that exist as of your bankruptcy filing date. [read post]
24 Apr 2022, 11:19 am
Overwhelming tax debt isn’t an unsolvable problem, whether you tackle it yourself or … Read more [read post]
24 Apr 2022, 9:51 am
When demand is low or collapses, as has happened in various financial crises such as the Great Recession, the Fed may lower interest rates to encourage demand with debt-driven economic activity by consumers and firms—and, of course the government. [read post]
24 Apr 2022, 9:45 am
A lien is “a legal right or interest that a creditor has in another’s property, lasting usually until a debt or duty that is secures is satisfied” Black’s Law Dictionary (10th ed. 2014) A lien against real estate is the right to foreclose on that real estate as though you owned a mortgage against the real estate. [read post]
24 Apr 2022, 8:12 am
Although you should weigh the perceived advantages of any business classified as an S corporation against the specific goals of your company, the following advantages of S corporations generally outweigh their disadvantages: Personal asset protection: LLCs and corporations taxed as S corporations protect the personal assets of members and shareholders, who generally cannot be held personally responsible for the liabilities and debts of the LLC or corporation. [read post]
24 Apr 2022, 8:09 am
The post Can Debt Collectors Garnish Social Security? [read post]
24 Apr 2022, 5:49 am
Create a list of debts, creditors, and current expenses. [read post]
23 Apr 2022, 11:22 am
It remains to be seen if the protests will worsen or if an acceptable compromise can be reached between the protestors and an increasingly debt-riddled State. [read post]
23 Apr 2022, 7:10 am
An Illinois divorce court “shall divide the marital property without regard to marital misconduct in just proportions considering all relevant factors, including:…whether the contribution is after the commencement of a proceeding for dissolution of marriage or declaration of invalidity of marriage” 750 ILCS 5/503(d)(1) ‘[M]arital property’ means all property, including debts and other obligations, acquired by either spouse subsequent to the… [read post]
22 Apr 2022, 12:30 pm
Seventh Circuit: And that lien is avoidable in bankruptcy, meaning that the owner may not have to pay the debt to get her car back. [read post]
22 Apr 2022, 11:15 am
” According to the Investment News article, “GWG was over-leveraged with reasonably expensive money,” and the life settlement business wasn’t “profitable enough to overcome the cost of the debt or the preferred stock dividends and operations. [read post]
22 Apr 2022, 10:10 am
The couple must have a written agreement on how they are going to divide the assets that they do have and the responsibility for their debt and liabilities. [read post]
22 Apr 2022, 10:05 am
The bankruptcy lawyers at Parker & DuFresne will help you determine the best course of action to help you get out from under your debt and move forward to a debt-free future. [read post]
22 Apr 2022, 8:13 am
"These would include reparations for descendants of enslaved and colonized people, encouraging countries in the global south to tax the fortunes of nonresidents who do business there, cancellation of debts and a program he calls 'inheritance for all,' in which wealth taxes would reduce large fortunes and provide everyone with a financial cushion. [read post]
22 Apr 2022, 7:38 am
When you know you are getting divorced, you don’t need to wait for a court to order a division of assets to start dividing items. [read post]
22 Apr 2022, 6:19 am
This process, called probate, is a time-consuming, confusing process that can leave the family burdened with outstanding debt while your matters are sorted. [read post]