Archive for September, 2010
One More New Jersey “Housewife” Bankruptcy Article
Can you tolerate another blog on the heartache/headache of the bankruptcy of Teresa and Joe Giudice? The couple who experienced their 15 minutes of fame/infamy on the Bravo reality show, Real Housewives of New Jersey, filed for Chapter 7 personal bankruptcy protection last year.
Now, accusations of fraud are being leveled
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It’s Not Just Paperwork
Bankruptcy, it’s not just:
Filling in the 1040EZ
Checking the boxes
A matter of knowing a few regulations
Paperwork
It’s downright complicated. Your financial history, the origin of your debt, type and character of the debt are important. There’s real legal analysis here. Also critical is your income, how it’s earned and paid, and what it looks like before filing [...]
Late Multimillionaire Businessman Filed for Bankruptcy
Mikhail Katamanin, the late international businessman worth tens of millions of dollars, filed for personal bankruptcy in June 2009. The former Highland Park, Illinois, high-living tycoon had declared assets worth between $1 million and $10 million (a pretty vague approximation, no?) His assets were estimated at about $20 million. The
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Home Sales Rebound; Unemployment Claims Decline
According to the Chicago Tribune, pending sales of previously-owned homes gained during July. Additional optimistic news came as reported new claims for jobless benefits fell during the final week of August. Together, these figures helped relieve at least some of the fears that the U.S. economy could be facing a
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Increase in Bankruptcy Filings in July
Although personal bankruptcy filings declined in April, May and June 2010, more Americans filed for bankruptcy protection in July, reversing the trend and emphasizing the continuing financial woes of many American consumers.
According to an article by Sara Murray on www.online.wsj.com, personal bankruptcies totaled 137,698 for July 2010,
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ABCs Of FHA Resource And Training Center
As FHA mortgage origination changes daily, keeping on top of the rules and best practices becomes more and more difficult for the working loan originator. As the rules change and you must become approved by the lenders to originate FHA loans, the necessity for a standard certification in FHA loan origination has emerged.
The “ABCs of [...]
More Families Turn to Homeless Shelters
More families are ending up in homeless shelters because they can’t make it in this economy. From 2007 to 2009 the number of families in homeless shelters rose to 170,000 from 131,000, according to the Department of Housing and Urban Development (HUD).
Unemployment is obviously a huge factor when it comes to families becoming homeless. The New [...]
Experience Matters
I used an inexperienced phlebotomist and looked like I’d lost an arm wrestling competition to the Hulk.
I used an inexperienced mechanic and spent quality time on the side of the freeway at high noon.
I used an inexperienced Algebra tutor and raised welts on my head while banging it on the desk.
I used an inexperienced dentist [...]
Experience Matters
I used an inexperienced phlebotomist and looked like I’d lost an arm wrestling competition to the Hulk.
I used an inexperienced mechanic and spent quality time on the side of the freeway at high noon.
I used an inexperienced Algebra tutor and raised welts on my head while banging it on the desk.
I used an inexperienced dentist [...]
Personal Bankruptcy & Taxes
If you are contemplating filing Chapter 7 or Chapter 13 bankruptcy, don’t proceed without an experienced and knowledgeable bankruptcy attorney from Legal Helpers at your side. Your taxes may qualify to be discharged in bankruptcy but it is very important to stay out of tax trouble during the process.
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