Archive for the 'Bankruptcy' Category
Bankruptcy In The Skies: Soaring
–By Priya Jestin, Staff Writer
Would you like to take on someone else?s debts and help them work their way out of bankruptcy? I doubt any sane person would want to do it ? excepting of course near and dear relatives and friends. That?s why initially, I was quite confused when I heard about USAirways wish […]
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Fattening Credit Card Cos On Money Meant For Donation
– By Priya Jestin, Staff Writer
It is painful enough to be in bankruptcy (Chapter 13) and unable to afford to live life the way you want to, are accustomed to. But to rule that a debtor cannot tithe or donate money to charity when in bankruptcy is downright ugly. This whole ugly row took place […]
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In Bankruptcy, Ignorance May Take You The Wrong Way
–By Priya Jestin, Staff Writer
In dire financial straits and cannot see a way out of it? Most of us in such a situation would opt to file for bankruptcy. Why would anyone want to lose much needed money and peace of mind when a bankruptcy can save you both. However, how many of us actually […]
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Gay Latino Group Bankruptcy Stuns Govt
Bankruptcy of a group aiding gay Latinos has wide reverberations The recent financial collapse of te National Latina/o Lesbian, Gay, Bisexual and Transgender Organization, a prominent organization that aids gay Latinos has left federal officials stunned. They are now scrambling to reclaim hundreds of thousands of dollars in allegedly misspent government money. Mercurynews.com reports:
LLEGO […]
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Bankruptcy Filings On The Rise: Report
Nearly a year since the enactment of the new bankruptcy law, Chapter 7 bankruptcy filings are slowly on the rise. However, according to recent reports, at 71 percent, filings remain significantly lower than 2004 filings for the same time period. Accounting.smartpros.com reports:
Chapter 7 and 13 bankruptcy filings are slowly rising since enactment of the […]
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Breaking Up With Your Partner? You Could Go Bankrupt
And you thought that it was only people who had no control over their money that went bankrupt. Well, those types do exist but there is one more category of people that has begun to declare bankruptcy – those who’ve broken up with their partners. According to recent research, in Scotland, the average age of […]
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How To Avoid Common Bankruptcy Pitfalls
If your financial situation is in such a bad shape that nothing short of filing for bankruptcy will help solve your problems, then you better not take too much time deciding to do it. One of the biggest mistakes people make is to defer the decision to file for bankruptcy. According to bankruptcy experts, people […]
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