Amazines Free Article Archive
www.amazines.com - Tuesday, January 26, 2021
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133449)
 Advice (161200)
 Affiliate Programs (34763)
 Art and Culture (73756)
 Automotive (145650)
 Blogs (75262)
 Boating (9849)
 Books (17222)
 Buddhism (4128)
 Business (1329064)
 Business News (426395)
 Business Opportunities (366372)
 Camping (10967)
 Career (72763)
 Christianity (15849)
 Collecting (11638)
 Communication (115070)
 Computers (241938)
 Construction (38917)
 Consumer (49685)
 Cooking (17074)
 Copywriting (6665)
 Crafts (18205)
 Cuisine (7545)
 Current Affairs (20420)
 Dating (45891)
 EBooks (19696)
 E-Commerce (48225)
 Education (185320)
 Electronics (83503)
 Email (6408)
 Entertainment (159839)
 Environment (28921)
 Ezine (3039)
 Ezine Publishing (5452)
 Ezine Sites (1550)
 Family & Parenting (110929)
 Fashion & Cosmetics (196458)
 Female Entrepreneurs (11848)
 Feng Shui (131)
 Finance & Investment (310504)
 Fitness (106339)
 Food & Beverages (62929)
 Free Web Resources (7940)
 Gambling (30223)
 Gardening (25155)
 Government (10541)
 Health (629662)
 Hinduism (2206)
 Hobbies (44057)
 Home Business (91586)
 Home Improvement (251098)
 Home Repair (46178)
 Humor (4833)
 Import - Export (5453)
 Insurance (45098)
 Interior Design (29586)
 International Property (3485)
 Internet (191003)
 Internet Marketing (146521)
 Investment (22852)
 Islam (1167)
 Judaism (1356)
 Law (80435)
 Link Popularity (4595)
 Manufacturing (20872)
 Marketing (99046)
 MLM (14136)
 Motivation (18222)
 Music (27013)
 New to the Internet (9496)
 Non-Profit Organizations (4048)
 Online Shopping (129632)
 Organizing (7805)
 Party Ideas (11853)
 Pets (38066)
 Poetry (2234)
 Press Release (12684)
 Public Speaking (5635)
 Publishing (7528)
 Quotes (2407)
 Real Estate (126634)
 Recreation & Leisure (95407)
 Relationships (87681)
 Research (16176)
 Sales (80337)
 Science & Technology (110269)
 Search Engines (23488)
 Self Improvement (153238)
 Seniors (6233)
 Sexuality (35950)
 Small Business (49283)
 Software (83016)
 Spiritual (23469)
 Sports (116098)
 Tax (7659)
 Telecommuting (34067)
 Travel & Tourism (307897)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11749)
 Website Design (56839)
 Website Promotion (36601)
 World News (1000+)
 Writing (35791)
Author Spotlight
CACEY TAYLOR

Im just a man who likes to be happy and see others happy. Im into home business, sports, family, and...more
ELLISEN WANG

I'm Ellisen, nice to meet you! Obviously you're here because you want to know who I am. Wel...more
MARTHA KHOURY

Columbia Weather Systems manufactures professional weather stations for industry and government agen...more
OLEG KOBETS

Oleg has been providing SEO, Copywriting and Content Management services for 10+ years. For the last...more
SONY EGUABOR

An Internet Marketer Promoting Quality Products. ...more


Bankruptcy Attorney -How Does Bankruptcy Work? by Andrew Stratton





Bankruptcy Attorney -How Does Bankruptcy Work? by
Article Posted: 10/29/2010
Article Views: 249
Articles Written: 5522
Word Count: 605
Article Votes: 0
AddThis Social Bookmark Button

Bankruptcy Attorney -How Does Bankruptcy Work?


 
Law
Most people regard bankruptcy as the ultimate financial woe, something that is so large it must be reserved for large companies to file. A proper bankruptcy attorney who is well versed and experienced in this field is a must if you are to file. If you would like to understand more about how this system works, then read on.

Most people regard bankruptcy as the ultimate financial woe, something that is so large it must be reserved for large companies to file. It is hard to think of an actual individual filing for a chapter of this, as it seems like such a drastic measure. Actually this process is not hard to generally understand. It is merely a step for a person or company to take in order to absolve all their insurmountable debt. The help of the federal government is enlisted to help to pay off any outstanding amount you may have with either your income or assets. This process seems uncomplicated from a distance, but can be terribly complex to try and handle on one’s own. A proper bankruptcy attorney who is well versed and experienced in this field is a must if you are to file. If you would like to understand more about how this system works, then read on.

The governments of both state and federal play a part in this process, however the federal branch will always override that of the state. Once your debt has been absolved, bankruptcy will remain on your credit file for exactly 10 years. In terms of the types of methods, there are several. These include Chapters 7, 11, 12, and 13.

The 7th and 13th Chapters are both reserved for individuals and married couples that are unable to pay off what it owed. 7 specifically utilizes the total worth of the individual’s assets to reach a balance of zero, while 13 may involve assets as well as a payment plan that is drawn from one’s income. This latter chapter is entirely based on how healthy a person’s monthly income is and may be resolved in about 3 to 5 years.

Chapter 11 is a method specifically designed for business owners. This method allows for the debts to be reorganized. The organizing of the debts is carried out so as to allow for an easier manner of repayment. This way also entails that the debtor pay off the business’s creditors directly.

Chapter 12 is perhaps the simplest form, but it is geared exclusively towards farming families whose debt is met with certain restrictions.

In terms of a debtor’s estate, this is comprised of all equitable assets and lawful interests in possession of the debtor from the time the case is filed. Certain items can be requested to be exempt, such as a home and/or automobile. Once a case is filed and approved by court, the agreements are binding for all parties concerned.

From a distance this may seem like a simple matter that merely involves determining what is owed and waiting for a federal bailout. However, bankruptcy is a complicated and potentially lengthy process and will necessitate the retaining of a properly trained and experienced attorney. Make sure to consider more than one bankruptcy lawyer, so as to allow for options when looking for the best help. You will need someone who is very skilled, but also offers services that will be affordable.

If you are looking for a personal injury lawyer Mesa AZ is home to an experienced attorney who will make sure your rights are protected. For more information, visit: http://www.danahoglelaw.com/

Related Articles - somerset, bankruptcy, attorney,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more
PAUL RICE

hello everyone l been on the net since 2000 and enjoy my work l work as an affiliate and also have w...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
LINDA DECANN

Linda DeCann is US based pursuing her career as brand ambassador. Previously she has helped hundreds...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
CHRIS BURTON

I am an International Corporate Consultant specialising in the bespoke formation of offshore compani...more
STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
DAMIAN POWELL

Demonstrated exceptional leadership in the government and private sector at an executive level. Skil...more
RENE VALENCIA

My name is Rene I am a Las Vegas nightlife blogger and long time socialite. I currently write for bo...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2021, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license