Filing Bankruptcy for a Business Organization

The United States legislation regarding bankruptcy (the U.S. Bankruptcy Code) holds the procedures for reorganizing and restructuring debt, both for individuals and businesses.  Chapter 11 of this Code outlines the means of filing bankruptcy for a business organization, when the business wants to continue operation in order to obtain a safer financial status when the …

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The Most Common Credit Score Killers That Ruin Your Financial Future

The nature of the Credit score system It is typical for anyone not to be on top of their credit score because it does not start to bother you until you have the need to get something on credit. It is very important to stay actively involved in keeping up with your credit score because …

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Defend a Debt Lawsuit – How to Fight a Debt Lawsuit

How you can fight a Debt Lawsuit The New York Times recently reported on the sudden increase of debt lawsuits relating to credit cards, comparing them to the “robo-signing” that besieged the mortgage industry. Apparently the debt collection companies are now filing a multitude of “robo-lawsuits” safe in the knowledge that nearly all Defendants will …

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Lower Your Debt Balance With Ease

Your debt can seem like a crippling influence on your life. We all have some debt, but there are times when it can seem like it has taken control and is actively working to destroy your life. In the United States, the amount of debt owed by its citizens has been steadily increasing over the …

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Seven Steps to Become Financially Independent

There is no exact time to when one should become financially independent, but leaving it too late can be a problem. Depending on your situation, you may be at a point where you are considering breaking free from your parent’s financial help or you may be thinking to pay of the never-ending debt, or you …

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Filing for Bankruptcy: Should You?

Debt is a major problem in the United States, with the average American owing over fifteen-thousand dollars to creditors, it is a wonder that more are not filing bankruptcy and attempting to begin anew. Bankruptcy, a financial term given to a state in which people who are unable to return their dues, is a last-ditch …

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Preventing Student Loans from Harming Your Finances

Student loans can be a great financial burden. Intended to assist us in paying for higher education, we often find ourselves faced with years of payments. With rising college education costs, it is increasingly common to incur this type of debt. It is estimated that the astounding amount of 1 trillion dollars is owed, and …

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6 Steps to Eliminate Debt

Everyone has a dream to live a life which is debt free. We wish to eliminate debt from our lives somewhere far away and never be under it again. It’s a sad reality that we get under debt even before we know the true meaning and significance of credit in our lives. We started with …

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