Archive for October, 2009
Saturday, October 31st, 2009
Bankruptcy auctions are filled with terminology and procedures somewhat foreign to the average investor; however, with a basic knowledge of the industry, a first time buyer can not only reduce risk but also close a phenomenal deal.In United States bankruptcy cases, a sale of an asset of a bankruptcy estate ...
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Friday, October 30th, 2009
After the passage of bankruptcy reform in 2005, all debtors filing bankruptcy are required to calculate their average monthly income. The average monthly income is calculated using the income earned during the six months before filing bankruptcy.� For example, if you filed bankruptcy in October, you would need to calculate ...
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Tuesday, October 20th, 2009
A sad fact of life is that increasing numbers of people are finding themselves in a position, either though unfortunately circumstances or financial mismanagement, in a position where they are simply unable to pay back outstanding debts. Under these circumstances they may consider bankruptcy, yet the stigma attached to this ...
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