2013 Articles

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Understanding Your Options for Tax Debt Solutions

Those in financial difficulties due to overwhelming debts may find relief by filing for bankruptcy. What some people may not realize, however, is that there are certain debts and liabilities that ...
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Fate of Historic Chino Mansion Still in Limbo after Foreclosure Auction

Chino's "Morey Mansion", built by Sarah and David Morey in 1890, was not successfully sold at a recent auction resulting in uncertainty concerning the large Victorian era home's ...
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Wage Garnishment in Illinois

Creditors have a legal way to collect on a debt owed them through wage garnishment. In order to accomplish this, however, they must go through a court procedure to obtain a judgment. A writ of ...
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Common Reasons for Overwhelming Debt

Many Americans have sunk into a condition of overwhelming debt in the years since the recession began in 2007. Those years have been marked by high unemployment, record numbers of foreclosures, real ...
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Property Successfully Auctioned Off in Chapter 7 Bankruptcy Proceedings

The owners of a one-acre property slated for residential development hit hard times and were facing foreclosure until recently. A $3.7 million mortgage had originally been obtained by the developers ...
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X Factor Mentor Could Lose Miami Condo to Foreclosure

Paulina Rubio, one of the X Factor's newest mentors, is facing foreclosure actions from the homeowners association at the building where she has a condominium in Miami. The 42-year-old purchased ...
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Florida Foreclosure Facts

According to a report from RealtyTrac, which gathers statistics concerning real estate across the country, Florida had the highest rate of foreclosure in the U.S. as of the first half of 2013. Data ...
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The Bankruptcy Timeline in Michigan

If you are considering bankruptcy, you may think the process starts when you file your Chapter 7 or Chapter 13 petition. A preparation process occurs prior to the filing of your petition, however, ...
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Laws about Auto Repossession in Illinois

The state of Illinois maintains certain laws about the repossession of automobiles which have been bought as "secured transactions." A secured transaction is one in which the purchased item ...
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Your Credit Score

As everyone knows, your credit score is a very important number. Where your score rides can impact your financial future in terms of loans, credit cards, and more. The most common credit score number ...
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Getting a Discharge of Debt through your Chicago Bankruptcy

Eliminating overwhelming debt that cannot be managed any other way is the goal of most people who consider filing for a personal bankruptcy. The stated purpose of the bankruptcy process under federal ...
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The Credit Repair Organizations Act

The Credit Repair Organizations Act (CROA) is actually part of the Consumer Credit Protection Act. This federal law prohibits credit repair organizations from engaging in a variety of adverse actions, ...
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Consolidating Your Debts

For those who are facing a situation of overwhelming debt, life may consist of a constant bombardment of harassing phone calls, emails, or letters from creditors or collection agencies and / or ...
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Dealing with Overwhelming Business Debts

If you are a small business owner and falling further and further behind on credit card payments, loans and other expenses associated with running that business then it may be time to consider filing ...
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Finding Out if You Qualify for a Florida Bankruptcy

For many Floridians, the struggle to meet their financial obligations can be blindsided by various events outside of their control, such as the loss of their job, a reduction in hours or pay, a ...
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What debts are dischargeable in a Florida bankruptcy?

If you are considering filing for bankruptcy in Florida, you are probably wondering what debts will be dischargeable through this court-supervised legal action. Bankruptcy generally addresses ...
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Counseling and Education Requirements in a Florida Bankruptcy

In 2005, the bankruptcy laws were changed in the U.S. These changes added certain steps and qualifications for those seeking a personal bankruptcy such as a Chapter 7 which is the most common form of ...
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Couple with Animal Rescue Organization Facing Foreclosure

A husband and wife team who have spent years accepting and rescuing a variety of domestic animals is facing difficult times. T.K., 57, and his wife K.K. have been caring for homeless and neglected ...
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Foreclosure Help in an Uncertain Economy

California was one of the hardest hit states in the 2007 recession in terms of plunging real estate values. Many Californians saw their home values plummet by 30 to 40 percent which left them owing ...
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Bankruptcy Facts and Statistics

The common belief is that bankruptcy petitions are generally filed by deadbeats and those who spend recklessly. That, however, is not the case. The majority of bankruptcy cases are caused by financial ...
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