Archive for July, 2009

Chapter 13 Bankruptcy

Saturday, July 18th, 2009

This plan is sometimes referred to as an income-based or wage-earner's plan. Chapter 13 Bankruptcy Evaluation gives the debtor the option of proposing a plan of repayment which will either extend or reduce the amount of any obligations and give him the chance to be discharged from any unsecured debts ...

Commercial Bankruptcy Fraud

Friday, July 17th, 2009

When the economy faces serious downturn, businesses often suffer serious consequences and may find themselves in a dire financial situation. When a business no longer proves profitable, the owners may decide to file for bankruptcy to relieve the mounting financial burdens that may be placed on the business. Although most ...

Part 4 – Six Myths of Bankruptcy Investment

Thursday, July 16th, 2009

At this point, you might be asking yourself if this is such a great niche to go after, why isn't everyone doing it? Well from our informal surveys of many investors across the country, when people hear the word �bankruptcy,� their first reactions are intimidation and avoidance. The fact that ...