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Bankruptcy : Business & Finance

What Is a Release of Wage Deduction or Garnishment?

Involuntary deductions from employee paychecks -- aside from taxes -- are wage deductions or wage garnishments. Wage deductions and wage garnishments are court ordered and are usually due to child support debts, federal, state or local tax liens, or unpaid student loans. Wage garnishments are typica

7 Things You Need to Know to Restore Financial Health

There's an old saying that may be relevant to anyone thinking about those bygone days when setting financial goals and retirement planning was in vogue. The saying goes - when you are up to your behind in alligators, it is difficult to remember your original objective was to drain the swamp.

When Are the Personal Bankruptcy Laws Altered?

The federal government has passed uniform laws regarding the personal bankruptcy laws, which describe the ways to deal with the bankruptcy. The bankruptcy code is generated to help the debtor. Different methods are narrated to protect the debtor from the harassment during the payment of their loan a

Medical Billing & Coder Hourly Salary

While they may not speak in a foreign language, medical billers and coders type in one every day. Also called health information technicians or medical records technicians, billers and coders use an exacting set of computer language codes to record patient information, insurance details, surgery pro

Penalties & Interest for Late Taxes

According to U.S. law, a person must pay his taxes on time. However, in most cases, a failure to pay or file taxes by the deadline imposed is not a criminal offense. Instead, the late filer will be compelled to pay a penalty to the government agency in the form of additional fees. The exact amount t

The Correct Way to Spell Out Dollar Amounts

Writing out dollar amounts is necessary for many people and many situations. Accountants must sometimes write out dollar amounts, as do people who wish to write checks. Spelling out an entire dollar amount is easy once you learn how to do it properly. However, you you spell out dollar amounts depend

U.s. And Recession: Will It Ever Go Away?

Honeymoon phase is over for Barack Obama’s presidency as number of disgruntled and unhappy Americans continue to grow. Months after the historic election that catapulted him into power, a lot of Americans remain pessimistic about the financial setting of the United States.

What Is Bankruptcy and What to Expect When Filing

What is bankruptcy? Bankruptcy is the legal procedure that a person undergoes when he is unable to pay back his debts. It is a legal process that establishes that a person is no longer able to pay back his debts as promised, the result of which is that once the bankruptcy is discharged his creditors

Bankruptcy and Denial of Discharge

This article discusses the process of filing for bankruptcy and the potential problems that may arise if the application is not submitted correctly. Persons who fail to list assets or intentionally conceal items may face denial of discharge.

Wage Garnishment Procedures

Wage garnishment procedures must be followed to the letter in order to be enforceable.dispute for the money image by ktsdesign from Fotolia.comOne of the most dreaded debt collection procedures is wage garnishment. In wage garnishment, your employer deducts a previously agreed-upon...

How To Deal With Bankruptcy Law

Bankruptcy is a very unfortunate situation and can happen even to seasoned businessman or to a new entrepreneur. To avoid falling into such a trap one should ensure to keep his or her financial health in a very good state.

How to Negotiate Debt Resolution Letters

If you've gone through a major change in life, such as a divorce, serious illness or corporate upheaval, you may have found it difficult to pay bills. There are plenty of debt negotiation firms that promise to negotiate with your creditors on your behalf. However, negotiations are something you can

Understanding How to Get a Loan After Bankruptcy

You can get a loan after bankruptcy, but you are going to need to prove and affirm to the potential lender that your bankruptcy declaration does not make you a high risk. If you cannot do that, your interest rates will be very high and you will have to search long and hard to find the right lender.

How to File Chapter 13 in California

Chapter 13 bankruptcy is known as a "wage earner's plan." Individuals who have a job and earn regular income can develop a plan to repay all or part of their debts by filing for bankruptcy under Chapter 13 of the Bankruptcy Code. Chapter 13 allows debtors to save their homes from foreclosure and avo

Debt-Are You Bankrupt But Don't Know It?

If you know you are tempted to overspend on credit cards, leave them at home when you go shopping.Pay with cash and you will not have the temptation to overspend.Develop a BudgetTo take control of your financial situation you must have a realistic assessment of how much money you earn and how much m

Taxation of Debt Forgiveness

Having your debts cancelled in part or in whole can give you a fresh start, allowing you to escape an unbearable financial burden. If that debt involved a loan from a commercial lender, the IRS may require you to declare the cancelled amount as income on your tax return, depending on the circumstanc

How Long Can a Company Try to Collect a Bounced Check?

Writing a bad check can happen through a simple math error or mix-up at the bank. A bad check can also be a serious criminal offense depending on the intent of the check writer. A business owner or creditor has a varying amount of time to collect a debt resulting from a bad check, depending on the s

How to Use Lawyer-Based Debt Reduction

If you're considering hiring a lawyer to help reduce your debt, keep in mind that there is nothing that a lawyer can do that you can't do yourself. No lawyer can magically erase your debt. Nor can a lawyer remove negative information from your credit report. The main benefit of hiring a lawyer is to

How Much Does a Nurse Earn Annually?

Nurses are medical professionals who provide day-to-day care of patients. They provide care and attention to the ill injured and disabled. Nurses give medication, dress wounds, administer drips and transfusions and monitor patients' conditions, in consultation with physicians. Nurses may choose to s