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tips for bankruptcy

Some Helpful Tips in Preparing for Bankruptcy

In today’s economy, oftentimes people are forced to choose between paying their bills or buying groceries. When they eventually decide they can no longer continue this way, bankruptcy can offer a fresh financial start. Whether your decision to file bankruptcy stems from a financial disaster or simply not having enough income to cover your expenses, retaining an experienced bankruptcy attorney will ensure you are successful in obtaining financial relief. Here

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Foreclosure Fraud Case

Florida Justices Side with Bank in Foreclosure Fraud Case

Read more about this foreclosure fraud case. The foreclosure fraud case, Roman Pino v. The Bank of New York was the first significant foreclosure case, the high court in Florida heard. That is since the housing collapse. Odder still is that the hearing of the case occurred after Pino had already settled with the bank in a deal. The deal allowed him to keep his house. Pino’s attorney had challenged

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Bankruptcy pitfalls

Look out for Common Bankruptcy Pitfalls!

Bankruptcy is a legal process that helps us eliminate our debts and start afresh financial life. Furthermore, the purpose of bankruptcy is for you to declare your inability to repay your debts; even with the help of other debt relief or debt settlement options. Moreover, the bankruptcy laws enable you to take the required steps to discharge your debts. And, they help you start a new financial life. However, the

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IRS Tax Debt

Can IRS Tax Debts be Discharged in Bankruptcy?

A question that often arises is whether IRS tax debt can be discharged in Bankruptcy. The answer is often surprising to the person asking the question. That answer is “Yes,” under certain circumstances, certain tax debts can be discharged in bankruptcy. In fact, income taxes, both federal and state, over 3 years old can be discharged in bankruptcy. That is if the returns have been filed by the debtor at

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