Articles, tagged with "debtor", page 1
10th January 2013
Certain states, for example California, do not currently require one to be a lawyer or have a license to be a collection agency to collect the majority of debts or to collect judgments they own. Can an average (non-attorney) individual start a business re...
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Author:
Mark D. Shapiro
08th November 2012
Whenever you become so terrible in which you cannot even afford your minimum payment to pay for all of your financial obligations, you might consider personal bankruptcy this really is the incorrect move. Settling Credit Card Debt, Personal bankruptcy pro...
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Author:
Albert
26th January 2012
Having your wages garnished is, obviously, a rather stressful situation and many people are unsure of how this perfectly legal act takes place. Wage garnishments may occur not only in the case of unpaid child support, alimony, and owing back taxes but als...
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Author:
Jenny Miles
30th June 2011
In the lead up to an liquidation process, it is crucial that the debtor makes sure that he / she acts honestly, honorably and fairly in his or her business with all other people who will be impacted by the process. Any ventures involving financial institu...
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Author:
Freddy Meyer
31st March 2011
In these times of economic crisis, keeping a business on solid ground is difficult. Regular assessment of cash flow must be done to ensure that the business is earning enough and continues to pursue its goal. Because of the rapid inflation of commodity pr...
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Author:
John Lair
20th January 2011
Collection agency services are a powerful debt collection tool for business owners whose primary concern is their company’s financial well-being.
As a business owner who is owed a debt for a service or product provided by their company to a customer i...
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Author:
Kevin Lieberman
03rd November 2010
A tax levy is just granted property interest over a piece of property to insure that a debt or obligation is met. An irs tax lien can be stated to be a tax levy placed on a property to secure payment of taxes. They are imposed when there has been a failur...
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Author:
JerryMizutanij
20th October 2010
Debt collection letters can be very productive if they are created properly. The only problem is, that many people do not know how to write a proper collection letter and in turn do more damage than good. A good collection letter can be like a silver bull...
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Author:
Peter Stern
11th August 2010
Bankruptcy is an effective relief to those people and companies experiencing financial difficulties. Not surprisingly, for several years there seemed to be a stigma associated with people who filed for bankruptcy. Today, however, bankruptcy is a lot more ...
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Author:
Brenner
18th July 2010
One of the more common forms of security used by commercial creditors is the cession of book debts.
A cession is the act by which a person/entity (known as the cedent) transfers their personal right to another (known as the cessionary). By signing a ce...
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Author:
nick
14th July 2010
I know a lot, but I'm not a lawyer. If you need legal advice, contact a lawyer.
Many people know that most judgments are never enforced. There are many reasons for this, some of which include: laws do not make it easy to enforce judgments, some debtors...
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Author:
Mark D. Shapiro
13th July 2010
It is utterly important for secured party creditors to know the proper way to fill out and file a UCC-1 form. Filing and completing the form correctly can not only properly secure the loan but also protect the debt from being discharged through bankruptcy...
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Author:
Art Jones
06th July 2010
Commercial collection agencies can help empower your company, enabling you to focus on your core business, while bad debts are recovered on your behalf.
Additionally, a commercial collection agency helps you to avoid unpleasant and costly confrontation...
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Author:
Kevin Lieberman
02nd June 2010
I am not a lawyer. This is my opinion and a summary of what I have learned and observed. If you need legal advice, contact a lawyer.
There are two schools of thought about people who hide their assets, or through careful planning, own nothing. Some thi...
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Author:
Mark D. Shapiro
28th April 2010
Introduction
If you issue a statutory demand, you can follow it up 21 days later with a bankruptcy (individual) or winding up (company) petition. There is nothing, but nothing that concentrates someone's mind more than prospective wipe out. Of course, i...
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Author:
Clark_Taylor