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Articles, tagged with "creditors", page 8

Estate Planning

Installment Sales to Grantor Trusts

25th March 2010
An installment sale to a "grantor trust" can provide valuable income, gift and estate tax benefits. If the assets sold produce a total return (income and appreciation) in excess of the interest rate on the note, substantial wealth can be removed from the ...
Author: Julius Giarmarco, Esq.
Bankruptcy Law

Bankruptcy Lawyer Houston Tx: Why Do You Need Them

25th March 2010
Known as the Second Great Depression, bankruptcy is a major problem any business may have to face. In order to save one's possessions and investments, most importantly their homes, one must have to file bankruptcy. Though it may be filed on their own, it ...
Author: Angel Branch
Bankruptcy Law

Can You Be Fired for Filing For Bankruptcy

24th March 2010
In general you cannot be fired for making filing a bankruptcy petition under the U.S Bankruptcy CodeUsually your employer will not know you have filed for bankruptcyUnder Section 525(b) of the U.S Bankruptcy Code you cannot lose your job for filing for ba...
Author: Frank Smith
Estate Planning

Estate Planning for Unmarried Couples - Part One

24th March 2010
Whether of same-sex or opposite-sex unions, unmarried couples face many estate planning issues (and opportunities). Although unmarried couples clearly face challenges that married couples do not, most are challenges that can be overcome with planning. How...
Author: Julius Giarmarco, Esq.
Bankruptcy Law

What Will Bankruptcy Mean for My Insurance Premiums in Missouri and Illinois?

23rd March 2010
When asking yourself, "Should I file bankruptcy?" it is important to focus on the issues that are most important to you. Some wonder if Missouri or Illinois Chapter 7 or Chapter 13 bankruptcy will leave them with huge insurance premiums. But, instead, may...
Author: JamesBrown
Trusts

Using Trusts to Protect Heirs

19th March 2010
Estate planners use trusts to protect beneficiaries from their inability, their disability, their creditors and their predators. Included under “creditors” are the IRS and divorced spouses. More sophisticated estate planners generally create m...
Author: Julius Giarmarco, Esq.
Bankruptcy Law

New Bankruptcy Law Explained

17th March 2010
On October 17, 2005, new bankruptcy law went into effect, changing the process of filing for bankruptcy throughout the United States. This new shift in law requires additional steps to be taken by the attorney and the debtor but has been geared toward ben...
Author: Campbell Grenier
Bankruptcy Law

Who Wins the Battle to Save Your Home? | Loan Modification vs. Chapter 13 Bankruptcy

16th March 2010
Securing protection from foreclosure for you and your family is probably on the top of your list of priorities if you've fallen behind. After all, do you really want to walk away from a house you've spent years building into a home? If you narrowed down y...
Author: JamesBrown
Legal

Does a Wage Garnishment in Missouri and Illinois Ever End?

10th March 2010
A wage garnishment is a common tactic used by creditors to collect a debt-and it is troubling hard workers all over America. Having a creditor garnish up to 25% of your paycheck (or up to 65% if the debt is child support) certainly doesn't help you get ou...
Author: JamesBrown
Divorce

Divorce Law-Taking the Financial Pain Out of Divorce

23rd February 2010
Whether it comes previous to or next the documents are marked, financially viable personal burden is all too common to several pair who divorce. A while later an only some economic direction can make better the load in the course of this hard period. ...
Author: gagan
Estate Planning

Inheritance Issues: No Surprises

14th January 2010
Are your children going to be surprised after your passing by what they do or do not inherit? Perhaps it is time to sit down and have an honest discussion about the terms of your will. This issue comes to light on the heels of a case that was tried in ...
Author: Paul Easton
Taxes

IRS Tax Lien Attorneys

06th January 2010
IRS Tax Lien AttorneysThe IRS has an arsenal of weapons used to collect back taxes. If you are delinquent in paying back taxes, you are subject to a serious collection action called a tax lien. You need to help of a qualified IRS tax lien attorney to ta...
Author: Quentin Benjamin
Trusts

Features And Advantages That Work With Irrevocable Trusts

24th November 2009
A good thing to use when it comes to getting assets protected for someone is that of a trust. Irrevocable trusts can be even more beneficial for many reasons. It can work to keep assets secure and to reduce estate taxes. It can also help to get a benefici...
Author: FrankRod
Bankruptcy Law

Filing bankruptcy: Is it a good idea?

23rd November 2009
If you have been contemplating bankruptcy then it means you have not been able to manage your finances like you wanted to. However, declaring bankruptcy is a big step. It reflects on your account for 7 to 10 years and may influence lenders' decision in fu...
Author: Samantha
Business Law

Legal Business Structures

23rd November 2009
When forming a business, whether big or small, one must have a structure in mind. The structure governs management and shows who is answerable to whom. it also helps the government to determine how much tax the business is supposed to pay. The structure w...
Author: Peter Gitundu
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