Not only does filing for bankruptcy often carry with it a certain social stigma, but it is a painfully drawn out process as well. Whether an individual or family is looking to liquidate all assets through a Chapter 7 filing, or adjust their debts with a repayment plan via Chapter […]
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Taxes and Bankruptcy in the News
Not long ago the comedian known as Sinbad (a.k.a David Adkins) filed for bankruptcy. ABC News reports that Sinbad failed to pay state and federal taxes in the past and, as a result, was forced to seek bankruptcy protection. This will be Sinbad's second bankruptcy filing, the first one occurring […]
Your Business Is Struggling with Debt? Consider Your Options For a Fresh Start When Filing for Bankruptcy
The idea of filing bankruptcy may be scary. For many people, they may fear that taking such an action will be admitting failure, or that it will negatively affect their credit rating on a permanent basis. Neither of those fears are based in fact. In fact, bankruptcy laws were enacted to help […]
Filing For Bankruptcy: When The Means Test Becomes An Issue
After staring at your financial records for hours on end, you are finally prepared to face the truth. Your considerable financial debts have not been assuaged by the budgeting acrobatics you have attempted to employ during the past few months. The burden of debt still looms, just as dark and […]
Understanding the Basics of Personal Bankruptcy
Bankruptcy is a legal process whereby a debtor obtains a "fresh start" from his or her creditors. The United States Constitution grants Congress the exclusive power to make bankruptcy laws. This means that even though most business disputes, such as breach of contract, are governed by the laws of a […]
Federal Regulations that Govern Your Banking & Finance Decisions
Banking & Finance Banking and Finance is a dynamic area and one of the most critical ones. The very existence of a powerful national economy depends on its finance and banking structure being robust and stable. An economy that isn't capable of surviving in the wake of dire circumstances is […]
What is an Anti-Money Laundering (AML) Verification?
In the complex world of finance, ensuring the security and integrity of transactions is paramount. One of the key measures employed to maintain this integrity is Anti-Money Laundering (AML) verification. AML verification is a crucial process used by financial institutions and other regulated entities to prevent and combat money laundering […]
How to File Income Tax Return Online: A Comprehensive Guide
Filing income tax returns used to be a challenging task for everyone, whether it’s a businessman or a salaried individual holding an insurance policy. However, the age of modern technology and ease of internet access has also eased these services and made them online. Yes, nowadays, filing your income tax […]
What are the different types of cyber crimes that are available?
Technology has brought forth many benefits and advancements. However, it still has its downsides. For instance, it has paved the way for the existence of many cyber crimes. These cyber crimes are currently growing in prevalence and sophistication. Also, the cost of preventing them is becoming high. In this article, […]
Revolutionizing Customer Experience: The Impact of Self-Service Kiosks
Self-service kiosks are widely used to assist clients in a variety of sectors, and it is certain that they have improved a lot of enterprises. In order to assist people who are interested in Kiosks to determine if they would be a good match for their company use case, today […]
Should You Open a Zero Balance Account?
In the quest for wallet-friendly banking solutions, individuals are always seeking ways to optimise their finances. As a result, the concept of zero-balance accounts, especially zero-balance savings accounts, has gained significant traction in India. These accounts are ideal for individuals seeking hassle-free banking with no minimum balance requirements. Let’s delve […]
The Top 5 Advantages of Working with Foreign Contractors on Your Projects
International remote workers are a valuable asset to businesses, as they provide professional skills and expertise that are difficult to find locally. However, companies must follow local labor laws when hiring international contractors. Luckily, some services specialize in handling payroll, compliance, onboarding, and invoicing for foreign independent contractors. They can […]