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Taxes

GST: IMPACT ON THE POOR

04th November 2011
GST is a destination based consumption tax. Consumption taxes are regressive in nature. It increases the gap between the rich and the poor. The pertinent point is whether such tax would be fruitful for the economy as a whole or not? Is it not so that shif...
Author: lawcruxadvisors
Bankruptcy Law

HOW CHAPER 7 BANKRUPTCY IS FILED IN NEW YORK

19th April 2010
A. NECESSARY DOCUMENTS Chapter 7 bankruptcy starts when the debtor or his New York bankruptcy attorney files a petition with the New York Bankruptcy Court. In addition to the petition, the debtor or his bankruptcy lawyer must also file the following docu...
Author: risubrastogi2
Legal

Married but Filing Bankruptcy Individually

01st July 2009
One of the trickier issues in filing an individual bankruptcy is how to handle the situation in which the debtor is married, but his or her petition is individual as opposed to joint, i.e. the spouse does not join in the bankruptcy filing. Of particular i...
Author: David Romito