Posts Tagged ‘federal’
Credit Card Collapse
Update : 03/01/2011. I have been sued by 2 credit card companies and Homeowners Association. I lost 8 townhouses that I used to rent out. So, it looks like these bankers do not follow the law in the midst of the great recession/depression. I did not go to court for any summons that I was served with. I hired bankruptcy attorney ( $900). He pulled my credit report, stopped all lawsuits – and wipe out ALL my debt except for student loan. I go to hearing in April 2011, just a formality (bankruptcy hearing).
This article is not a legal advice. You should obtain one if needed.
Duration : 0:6:12
Tax Help : What Happens When You File Chapter 7 Bankruptcy?
Chapter 7 bankruptcy is the most common form of bankruptcy that is filed for in the U.S., and its primary purpose is to give individual debtors a fresh start by discharging debts. Discover how individuals get to choose to keep certain exempt property under Chapter 7 with information from an independent CPA in this free video on Chapter 7 bankruptcy.
Expert: Miranda Chook
Bio: Miranda Chook is a CPA with expertise in international operations.
Filmmaker: Bing Hu
Duration : 0:2:47
Bankruptcy Basics – Part 1: Introduction
What is bankruptcy? What happens in a bankruptcy case? Bankruptcy is a legal process that provides relief for individuals who can no longer pay all of their debts. If you are considering bankruptcy, this video will give you basic information about the process, the relief it offers, and how to find the legal help you may need.
Learn more about bankruptcy at http://www.uscourts.gov/bankruptcy
Duration : 0:2:51
Bankruptcy Basics – Part 3: Limits of Bankruptcy
Certain types of debt, such as child support, alimony, and most student loans, cannot be discharged in bankruptcy. Wrongful conduct may make some debts non-dischargeable. Examples of such conduct are incurring credit card charges without the intent or ability to repay, or obtaining loans using false financial information.
Learn more about bankruptcy at http://www.uscourts.gov/bankruptcy
Duration : 0:4:45
Bankruptcy Basics – Part 9: Legal Assistance
When does someone need a lawyer for a bankruptcy case? Individuals have a right to represent themselves in court, but bankruptcy is a complex area that involves many considerations including whether to file, what chapter to file under, and what exemptions to claim. It is important to understand all of the protections of the bankruptcy code in order to make full use of them.
Learn more about bankruptcy at http://www.uscourts.gov/bankruptcy
Duration : 0:5:11
