There are times in life where nothing seems to go right. One problem after another lurks in the near future. Each one has something to do with just not having enough money to handle everything you need to cope with. You feel like “the goalie on the dart team.”
Then you get pulled over by the
Chapter 13 debt limits are set by the federal Bankruptcy Code. Congress requires these limits for Chapter 13 Bankruptcy cases to be adjusted (usually upward) every three years based on the Consumer Price Index. The current figures were established in 2013, and the next Chapter 13 debt limit adjustment will occur on April
Tax season will soon be upon us. The April 15, 2016 deadline falls on a Friday. I am not a tax lawyer or an accountant. Often, when I meet with someone they are surprised when I tell them that their income tax debt may be discharged in a bankruptcy case. Accountants are also surprised to
If a court officer or a creditor has seized money in your bank account AND you can prove those funds came from social security payments or other protected payments, a state court judge may well order the funds given back to you.
Even after it has been paid to a debtor, money obtained from social security,
Over the past two weeks I have discussed 6 things that I advise entrepreneurs to keep in mind when starting a new business: 1) Keep your business finances separate from your personal finances; 2) Be wary of giving personal guarantees; 3) Talk to your accountant and insurance advisor; 4) Think carefully about the prices you
In my last post I described the first three things that lawyers want you to know about starting a new business: 1) Keep your business finances separate from your personal finances; 2) Be wary of giving personal guarantees; and 3) Talk to your accountant and insurance advisor. Now we turn our focus to things to
I am a believer in “self-help” and telling my clients in business or thinking of starting a business where the potential risks are. Part of being successful in any business is not stepping on what I call the “land mines” in the path of having a profitable business or at least one that does not
Desperate for small amounts of quick cash, many people take out pay day loans. These are relatively small cash advances of $500 to $2,000 borrowed over the internet or by telephone from lenders who are usually outside of New Jersey, and sometimes even outside the United States, and come due on the borrower’s next pay
My last post described your rights under the Fair Debt Collection Practices Act (FDCPA). The general types of debt collection practices that are prohibited by this law include harassment, abuse, misrepresentation and deception.
Did you know that a debt collector must send you a written notice stating the amount of the debt, the name of the