Debt and Bankruptcy

As of 21st June 2009, $150 = £90.95

Obviously, making greater than the minimum payment will lessen your debt. If you are not able to do so, then try calling your creditors and ask them to reduce the interest rate. With a lower interest rate, your monthly payment will be lowered, therefore you can pay-down the balance faster.

You would be surprised how many creditors are willing to lower your rates. They are doing this more often due to the financial crises.

Yes, you can. Bankruptcy is not a reason for disqualification for accumulating a HECS debt. Additionally, your HECS debt will not become void if you were to declare bankruptcy whilst having a HECS debt.

Call 1800 020 108 if you need confirmation of my answer. They will tell you the same thing.

Provision for bad and doubtful debt is not go to profit and loss account,

and it is go to balance sheet.

contact a real estate attorney in your state to assist you

A pre-foreclosure property has a delinquent loan and the owner is in imminent danger of losing his home due to foreclosure. His property has been listed as delinquent and will soon be taken into the custody of the lender. Buyers may be able to obtain a pre-foreclosure for 40 percent less than the home's market value, and the deal would close quicker than would a foreclosure.

It depends on income and what the poverty level is in your state. HUD has a page for determining your eligibility. See Sources and Related Links for more information.

No

Anywhere from 900.00 to 2000.00 as you near the G.T.A. Moe from Peterborough

You will have to file a corporation, or LLC. Apply for a credit card with that particular EIN, and go from there. This is generally different than your personal.

Owing money to a friend is a civil matter that has nothing to do with the police. You would not be arrested but your friend can sue you in court to obtain a legal judgment against you if they have proof of the loan.

Get in to the home by taking out the windows....take all the valuable things from the home....and get out.....take care .it should be done when no body is at home.....ok beat of luck

You should declare all of it. The bankruptcy fee for debts over £15,000 is £700 (inclusive of deposit, and court fees), so you may as well include everything. Some debts are not written off in Bankruptcy however. Take advice from a formal advice agency or check out pros and cons before applying.

What is Legal to file Chapter 13 on ?

It will not go to $100. It will most likely become worthless as it will be delisted tomorrow and GM, in fact, plans to sell all of its assets to a new company they are calling the "New G.M." The person who previously answered is wrong, to say the least (but, if I weren't intending for this post to be kept up, I would have added a few choice words in response). In virtually ALL bankruptcies the existing stock becomes worthless. Stock is equity - meaning ownership - in the company. The creditors (that is those the Co owes debts to...bondholders, etc...) generally will not get paid all they are owed and will take losses in the bankruptcy. Clearly it is unfair that the owners would get away with not paying it's debts, but those same owners would get to keep anything of value for themselves....before that happens, the BK process should award/allow the creditors to take the stock as payment. Understand, investing in a Corporation you are at risk only up to the amount of your investment...nothing else. If it wasn't a Corporation, but say a group of partners...the debts of the business would be the debts of the partners....and if the business faile, they wouldn't only lose their investment....but have to pay off the business debts personally too.

if the debt is unliquidated

contains debt financing

similarities between equity n debt finance

I am not sure which state you are in; therefore, I will pose my answer to your question using Texas information. You should do further research to see if the same doctrine applies in your state. First, you need to contact the lender to let it know that your spouse forged your name on the application. If your spouse sent the application via mail or fax, then the lender had a duty to verify the applicant and the applicant's signature were genuine. The lender may balk at transferring the debt from you to your spouse. In that case, I would recommend you retain an attorney to file suit against the lender for its negligence. The lender will likely bring your spouse into the suit as a cross-party defendant. All of this gets a bit tricky, which is why I recommend you retain an attorney should the lender not release you from liability on the debt. Lastly, you may have an action against your spouse during the divorce lawsuit under the doctrine "fraud on the spouse." (This is a Texas doctrine to which you should research your state's statutes to see if they have a similar doctrine.) Typically, after divorce, the rights of preexisting creditors are not affected. This means, even if the divorce decree gives one spouse responsibility to pay a debt, if that spouse defaults on payment, the creditor still has a cause of action for collection against the borrower of the loan. Therefore, if the above-mentioned unsecured loan has not been corrected or if it is still pending (in litigation, etc.), you are the liable party as the "borrower." That said, in your divorce petition and during your divorce proceeding you should assert the "fraud on the spouse" doctrine. The doctrine is used when one spouse disposes of the other spouse's interest in community property without the other's knowledge or consent. This would be the case with the credit card monies. If this happened shortly before your spouse left, then you have a good argument here. The court may not make your spouse pay you back, but it may weigh more of the assets in your favor during its division of the community property. (Again, Texas is a community property state. Check your state's marital property laws.) Because of the complexity of this all, I would recommend you seek legal counsel. Best of luck, T.D. Lewis of T.D. Lewis Law Firm, PLLC Dallas, Texas (877)469-5997 www.lewisjustice.com DISCLAIMER: The information contained in this answer should not be construed as legal advice or opinion. It is not an offer to represent you, nor is it intended to create an attorney-client relationship.

Swif has NOT filed Bankruptcy. It is pretty easy to look it up via the US Government Bankruptcy Courts web site.

The answer to this question depends on the policies of the individual lender and the type and status of the bankruptcy. The majority of lenders want 24 months to have passed from the date of discharge of the bankruptcy before they will consider any mortgage loan. A chapter 7 BK is generally judged more harshly than a chapter 13. What some bankrupty filers forget is that their credit performance after the BK will be very important. New credit must be established in moderation with account open dates after the BK, with low use of credit cards and excellent repayment history.

You can find the IPO serial number in Demand Draft by looking at the bottom of the document. A demand draft is also known as a check by phone. They are used in India.

Yes you can save your home from foreclosure. This is a primary reason people file for a Chapter 13 Bankruptcy, the automatic stay can stop a foreclosure as long as it's filed before the sale takes place.

Seven years is a common period of time. You should not try to pay up on old accounts, but for those within the last couple of years, see if you can call the company and settle the account so that it will be marked as paid rather than written off. Check to see if any negative information, such as from apartments or utilities, is inaccurate. If so, contact them and get a signed, letterhead, letter saying the account is paid. Then, send that to all of the credit bureaus. Definitely keep the letter in your file for years to come - zombie collectors are always out there. Finally, pay everything on time going forward. Sometimes it is helpful to signup for automatic billpay to keep things timely.

For 1120 s corporation