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Debt Relief – Insolvency – Bankruptcy Information » Uncategorized

The US Government Owes You – IRS Debt Relief Programs Are in Place to Repay Their Mistakes

Over the past few years, the instability of the economy has been becoming more and more noticeable, and thankfully the government have taken steps to help out the people who really could do with a helping hand in these hard times. There are various IRS debt relief programs that have been introduced to give people more flexibility on their income tax returns. For instance, if you receive any help with your mortgage then this is not counted as additional taxable income anymore. Indeed, if it was counted, the extra tax you owed would actually cancel out the help in the first place! These IRS debt relief measures have been effective since 2007 and apply to the income tax returns that were filed in 2007, 2008, and those that will be … Read entire article »

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Information on IRS Offer in Compromise

It might seem unfair that when one is debt ridden and has only found painful respite to achieve debt freedom through debt settlement, debt cancellation or bankruptcy; one has to think up of ways and means of getting respite from tax collections from the IRS. Often people would have noticed advertisements about the IRS offer in compromise or the OIC and wondered about the same. In 1997 there were amendments made to the IRS law as it was noted that when a person has settled his or her debt through debt settlement or bankruptcy, the amount of debt that got cancelled or forgiven would generally amount to indirect income and hence would fall under the purview of income tax laws and hence be taxable; it would not be payable by … Read entire article »

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Short sale better than bankruptcy?

Chris Diaz is the founder of Charis Financial, Inc. He has over 14 years experience in helping homeowners with their mortgages and has closed hundreds of short sales over the last 3 years. His website is www.charisfinancialinc.com. Send questions to moneymatters@ocregister.com; reference “short-sales” in the subject line. Does bankruptcy save my house from foreclosure?  Is there anything else I should know about it? – Tara in San Clemente Hi Tara, The answer to that question is both yes and no.  In this ever shifting market, lenders are constantly updating their policies to figure out how to lose as little money as possible.  It should come as no surprise that we see banks being more aggressive towards people in bankruptcy since we’ve already seen a drop off in the number of modifications being approved as well as … Read entire article »

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Welcome To DebtInsolvency.com!

Welcome To DebtInsolvency.com!

Within our website, you’ll find Articles, Forms and Links about Debt Relief, Insolvency, Reaffirmation, Mortgage Forgiveness, the Bankruptcy process and much, much more, updated hourly. We’ll be adding more helpful sections with valuable resources, so check back soon. Question, Comments? Don’t hesitate to contact us by clicking on the contact link. … Read entire article »

Filed under: Bankruptcy Help, Bankruptcy Info, Bankruptcy Law, Debt Relief, Foreclosure Help, Foreclosure Info, Foreclosure Law, Insolvency, Legal Help, Uncategorized

Bankruptcy Attorney Speaks about Student Loan Laws

Bankruptcy Attorney Speaks about Student Loan Laws When you have a bankruptcy attorney talking about why the student loan industry is a total scam. We have some issues. In this country you can bankrupt a gambling debt yet you cannot bankrupt your educational debt. Get the Confessions of a Rogue Student Loan Collector and Learn what really goes on behind closed doors. www.FreeStudentLoanStuff.com Mr. Kay Blog www.studentloanfundamentals.com Credit Fred Walker of Austin Bankruptcy Attorney explains how student loans are predatory lending. For more go to www.austinbankruptcyattorney.com … Read entire article »

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Greece on the Verge of Insolvency? | Made in Germany

The Euro is under pressure: budget deficits spinning out of control,dwindling confidence in the common currency,and a national bankruptcy on the horizon. Criticism is focusing on Greece.It’s budget deficit in 2009 is almost 13 percent,and the worst is yet to come. Greece’s debt crisis could throw the currency union into crisis. The big question: can the European Union afford to let a member country go bankrupt? Report by Militades Arsenopoulus. … Read entire article »

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Canada Foreclosure Listings – $47-$297 per sale, 50% Comm + Recurs!!!

Foreclosure Listings Membership Site. Trial offer, high conversions!!! Untapped Canada Real Estate Niche! $7 Cad, 7 day trial – rebills at $47 / mo. $197 (6 mos) and $297 (annual) upsells. Huge 50% Commissions! and Recurring! Canada Foreclosure Listings – $47-$297 per sale, 50% Comm + Recurs!!! … Read entire article »

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What does bankruptcy mean to me?

Have you been thinking about filing for bankruptcy protection? Given the negative connotation of the word bankruptcy, are you scared to wits what it can do to you. If you do choose to file for bankruptcy protection, it can guarantee your financial well-being in the future. What is bankruptcy and what does it do for me? A simple description of bankruptcy is a way to eliminate your debt and for you to start fresh with a clean slate financially. Bankruptcy eliminates most if not all of your debt and lets you start new financially. This is the positive side of the bankruptcy process, but it does come with a negative side. Once you have declared bankruptcy, you will have a bad credit history for the next 10 years. The downside to … Read entire article »

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Accounting, Insolvency and Certified Chartered Accountants of London, Barnet, Cambridge and Croydon

We are an established firm of Chartered Accountants, Registered Auditors and “Business Recovery Professionals”:www.BarnetAccountants.com Sole traders to partnerships and limited companies. The best and most comprehensive accountants in London. http “Business Support”:www.BarnetAccountants.com As well as providing the full range of accountancy and taxation services for both personal and corporate clients, we also offer proactive business advice and support. We aim to work in partnership with you to help your business to succeed, and to maximize your personal wealth. … Read entire article »

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Debt Scam. How to Spot Debt Settlement Company that Does Debt Scam & Which Lacks Honest Debt Relief Programs

You’ve probably seen the TV or radio ads that claim you can settle your debts for just pennies on the dollar, right? And you might have probably wondered to yourself: are these legitimate honest debt relief programs by a legitimate debt settlement company? Or are these a DEBT SCAM? Heavily advertised almost everywhere these days by their promoters - on the Internet, the TV, radio, in newspapers and via direct mail, and even by seminars – such fraudulent debt scam programs would usually claim in their constant commercials to eliminate, terminate or cancel debts, especially credit card obligations, altogether, or to have them declared invalid. Various major government agencies, ranging from the FBI, to the Federal Trade Commission, the Federal Reserve Board and the Office of the Comptroller of the Currency (OCC), have reported finding a prevalence of such debt scam in the credit … Read entire article »

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The Law Office Of Colby J Leonard LLC. – Indianapolis, IN

The Law Office Of Colby J Leonard LLC. 317-894-0626 www.yellowbook.com … Read entire article »

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