Class action lawsuits are requested on behalf of a large group of people who are are similarly affected by wrongdoing on the part of a company or organization. A class action lawsuit can be filed in any number of state or federal courts, which makes finding them a bit difficult. Searching for a part

Contrary to popular opinion, most people do not take declaring bankruptcy lightly. On the contrary, most individuals or couples who end up declaring bankruptcy only do so after months or years of valiantly struggling to get out from under their debt load. If you are trying to get on with your life a

Many Americans struggle with debt. In tough economic times, some families cannot earn enough money to meet their monthly debt obligations. Debt relief often comes in the form of bankruptcy. Under the bankruptcy code, several options exist. The type of bankruptcy you choose determines a number of thi

A bankruptcy on your credit report may disqualify you from some loans and will almost certainly increase the interest rates at which lenders provide financing to you. Because of this, removing old bankruptcies from your credit report is a major part of repairing your credit following a bankruptcy. T

The bankruptcy abuse and protection act was passed in April of 2005 with the initial goal of making it harder for consumers to get released from their debt under Chapter 7 and making people qualify under Chapter 13. With the intent of the 2005 act to make it harder for consumers to file bankruptcy,

Look into all of your options before you choose to file for bankruptcy. Before filing, talk with an attorney who can help you weigh all of your options. If foreclosure is imminent, see if your loan can be altered at all through a modification plan. The lender may be willing to reduce interest rates,

Bankruptcy is the final solution to dealing with your financial issues - it is the measure of last resort and should never be undertaken lightly nor without professional advice and assistance. In a nutshell, bankruptcy is where all your assets are liquidated and sold with the proceeds being distribu

Nowadays many people have given in to the temptation of instant gratification that comes along with easy credit. They feel that it is okay to live above their income level by relying on credit as the means to take them to that next level. It is easy to buy and have it now, then worry about paying fo

There are three types of debt in a bankruptcy pleading. Unsecured debt includes credit card debt and other debt that does not have property assigned to it. Priority debt includes the trustee's fee, child support and back taxes and secured debt includes property attached as collateral for the debt. T

Bankruptcy can provide many financial advantages, but it also comes with some risk to your home and other property. This is particularly true if you file Chapter 7 bankruptcy because all of your nonexempt property is subject to liquidation by the trustee. The exemption system is governed by state la

Sometimes, we need professional help when dealing with bankruptcy, yet the assistance that you will get requires finances which you do not have. Affording these services will entirely be out of question. This is because, by the time you are considering filing for insolvency, it is already clear that

Filing for bankruptcy in India means that one is not able to repay his debts and loans. It would be advisable to file for bankruptcy to avoid being hounded by your creditors if you are in serious financial trouble. However, filing for bankruptcy in India will not reflect well on your credit rating f

Back in 2007, the entire world suffered an economic catastrophe just short of a complete collapse. To stop it from happening the central banks started printing money to add liquidity to the markets. First, the US passed a stimulus bill of close to $1 trillion to bail out the too big to fail financia

President Barack Obama was recently very direct and on target when making his case for financial reform, close to where the economic crash all began—near Wall Street at the Cooper Union, in lower Manhattan. He, rightfully, blamed the fiscal meltdown, only two years ago, on bankers’ &ldqu

When you have debt big debt problems, sometimes it helps to have an adviser to help you get your finances back on track. Nonprofit debt assistance programs offer several levels of help ranging from teaching and advice to direct debt settlement negotiation with your creditors. Keep in mind that servi

Many of us assume that the best way to buy a new car is to use our own savings. However there has never been a better time to take out finance deals.

When you get into a financial mess that incapacitates you as far as paying your creditors is concerned, you will need to file for bankruptcy. While it is true that filing for bankruptcy can give you such relief from your debts, it does not necessarily mean that all forms of debts can be forgiven.

Are you dreaming about the debt free life you used to have before the economy took a turn for the worse? I am here to tell you that this is not just a dream anymore; there are debt relief options available that can help you make your dreams come true.

Being in debt will cause a huge amount of pressure for all involved. Additionally to this, it leaves individuals vulnerable as they're so needing to resolve their downside they can accept any route out of debt. This can build matters worse. It is a sad truth that there are hundreds of unethical