Personal Finance – Playing an Important Role for Your Financial Stability

Personal finance is considered as the most efficient and effective way of planning an investment so that you can get maximum return on investment of yours. It enables you to invest your money for the future of your children, business succession, education of your children, cash flow and debt consolidation. Hence you will need to obtain financial assistance from professionals known as financial planner which can either be individual or company that are employed by organization for handling the finance related issues of your business. These financial planners play an active role in this financial Read More …

The Chapter 11 Bankruptcy Basics

Also known as the reorganization stage of bankruptcy, the Chapter 11 bankruptcy was derived from the USA bankruptcy code 11. It is a type of insolvency that entails the reorganization of a debtor’s assets and business affairs. This form of liquidation is filed by corporations that need enough time to reorganize their debts and it is basically meant to give a fresh start to the debtor. The fresh start is subjected to the Chapter 11 bankruptcy obligation fulfillment by the debtor, under the reorganization plan. It is available to partnerships, corporations and individuals. This form Read More …

Bankruptcy Pre Discharge Course: How to Re-establish Your Financial Well

Introduction Bankruptcy Pre Discharge Course is a requirement before any bankruptcy case can be discharged. It is a requirement that was set forth in bankruptcy reform law. Online courses are available 24 hours a day and seven days a week. Upon completion of the program, you will earn a certificate that meets the Bankruptcy Pre-Discharge education requirement as far as the Justice Department is concerned. The average cost for the bankruptcy course is about $50 per household. Bankruptcy Pre Discharge Course aims to provide individuals who are recovering from bankruptcy the necessary skills to manage Read More …

Advantages Of Filing Chapter 13 Bankruptcy

Bankruptcy is a lawful process where individuals and businesses may reduce as well as rearrange their loan. Before you are planning to submit an application for bankruptcy, you have to select which type of bankruptcy you have to sign up for your problem. There are many sections accessible under the bankruptcy code. Each and every chapter has its own set of rules and also codes. If you are caught under outstanding debts and fighting to keep the home and / or car, filling for chapter 13 bankruptcy can help you to save your home from Read More …

A Few Commonly Asked Questions on Post Bankruptcy Course

If you are filing for bankruptcy, you must be aware of both the mandatory pre and post bankruptcy courses. These courses need to be done through an approved organization. You can go for online or even telephonic courses. Here is a quick list of frequently asked questions about pre and post bankruptcy courses. FAQs About Pre & Post Bankruptcy Courses:   1. Do I need to take the pre-filing bankruptcy course or the post-filing one? Both these courses are mandatory. According to the Bankruptcy Code, you have to complete credit counseling before filing your bankruptcy papers, and Read More …

Do I Need An Attorney To File For Bankruptcy?

Every year thousands of people find themselves in financial difficulties and they are forced to declare bankruptcy. However as recourse many find themselves too broke to even file for this and thus are left with no means of going forward. Fortunately the law has provided a means in which a person can file for bankruptcy on their own. this means that individuals who are under strenuous financial stress can simply apply and be granted bankruptcy without attracting other added fees. Pro Se Litigants The law provides for individuals who want to represent themselves during bankruptcy Read More …