Articles Comments

Debt Relief – Insolvency – Bankruptcy Information » Entries tagged with "Basics"

Basics of Cancellation of Debt Income

Cancellation of debt income may be defined as the amount of debt forgiven by a creditor without requiring any considerations in return. The amount of debt forgiven by the cancellation of debt by a creditor might be considered as income to the debtor and hence would have to be reported as part of the individual’s gross income. Usually, such income might fall under the tax purview and may be taken up as ordinary income to the taxpayer. Hence the amount would be known as cancellation of debt income or CODI. If the cancellation of debt income might be taxable, then the debtor would be given a Form 1099-C at the financial year end where in the amount of the forgiven debt would be shown as taxable income. For example, if … Read entire article »

Filed under: Bankruptcy Help, Insolvency

Bankruptcy Basics Part I Introduction to Bankruptcy (MMPA)

Bankruptcy is a legal process that provides relief to many individuals who can no longer pay all of their debts. This video provides general information about the bankruptcy process. Since the law is continually changing, some information on this video may be out of date. The video was produced by the Administrative Office of the United States Courts. This video is not a substitute for legal advice from a Bankruptcy Attorney. It is always best to consult with a Bankruptcy Attorney about your legal rights and responsibilities in your specific case. … Read entire article »

Filed under: Bankruptcy Law

The Basics – Creditors – Fresh Numbers

Maintaining and managing your Creditor’s Ledger is essential in running a business. It is an opportunity to buy at a better price with control over early settlement. Also, if you are not vigilant of your Creditor’s Ledger you may lose control of how much your business in expending to operate. www.yourbusinessangels.com.au/ For over 15 years, Your Business Angels has been in Australia to provide that help. During that time, we have been helping businesses who have been experiencing financial, structural and operational difficulties, that caused tax and other debt, issues with their bank and other trading problems. The Company also specialises in solving issues relating to insolvency or bankruptcy and can help you deal with the Australian Taxation Office (ATO). As well as providing these services, Your Business Angels have … Read entire article »

Filed under: Insolvency

The Basics of Personal Guarantees.wmv

www.gpsuk.biz A briefing on basic information about personal guarantees that you need to know if ever asked to give one in connection with your business. Plain English business advice videos covering essential topics such as Personal guarantee, insolvency directors, directors insolvency … Read entire article »

Filed under: Insolvency

Marcarelli Law Group – Chapter 7 Basics, #2

Part two of an introduction to Chapter 7 bankruptcy. … Read entire article »

Filed under: Debt Relief

THE BASICS OF DEBT CONSOLIDATION LOANS? Yes, THE BASICS OF DEBT CONSOLIDATION LOANS

WWW.ReliableGuideForYou.com Ultimate guide to the basics of debt consolidation loans. Choose what best fits to your criteria for the basics of debt consolidation loans. Top rated the basics of debt consolidation loans tips and more! To Learn more about debt,please visit : WWW.Reliable… … Read entire article »

Filed under: Debt Consolidation and Refinancing

Marcarelli Law Group – Chapter 7 Basics, #5

Fifth and final part of an introduction to Chapter 7 bankruptcy. … Read entire article »

Filed under: Debt Relief

How Do Banks Create Money from Nothing? The Basics of the Economic Crisis in 5 Minutes

Details here studentloans-withoutcosigner.com you can find all site about loan information here http and loan consolidation here prayover.net … Read entire article »

Filed under: Insolvency

Marcarelli Law Group – Chapter 7 Basics, #4

Part four of an introduction to Chapter 7 bankruptcy. … Read entire article »

Filed under: Debt Relief

Bankruptcy Basics Part 2 Types of Bankruptcy

Bankruptcy Basics Part 2 Types of Bankruptcy … Read entire article »

Filed under: Bankruptcy Help

Debt settlement basics. Part I

Get all facts about debt relief and debt settlement. It could be what you need to get help with your debt? Check out www.debit-free.us and we may be able to help you with a lower interest rate and a quicker way to get out of debt. … Read entire article »

Filed under: Debt Relief

Get Adobe Flash player