The U.S. Bankruptcy Code provides federal courts with the authority to oversee all bankruptcy cases. To facilitate the process and provide bankruptcy petitioners and creditors with clear guidelines for filing, the Federal Rules of Bankruptcy dictate all the legal rules and contain all official forms. Cases are filed in district
(US bankruptcy law) If you are tired of the stress that comes along with being nose-deep in debt, then you may very well be considering the option of filing for personal bankruptcy. Of course, this option is not right for everybody who is experiencing financial problems, but it is a
In this economy, times are tough for everyone. Job losses, wage cut-backs, work hour reductions, all combined with rising expenses make paying back debt harder than ever. If you find yourself unable to pay your loan, there are some steps you can take to avoid legal action. If you find
Consumers who apply for a new credit card or a loan may discover that they have low credit scores, but this is too late. They must know what their scores are before they apply for new credit because low scores can prevent them from receiving the credit they need. The
Over the last several decades, incurring debt and spending more money than you have has become an unfortunate American tradition. People start off putting items on their credit cards and suddenly, a few years down the line they have spent tens or hundreds of thousands of dollars that they cannot
Rampant Securities Fraud – Why it Exists; How to Stop It… Life is about playing by rules. Sometimes we make a pact to voluntarily follow a set of rules – like when we play golf or tennis or darts or ping pong. Other times we are requited to obey a
Forex trading is a risky business where a lot of money changes hands. Also as international currencies are involved; laws, rules and regulations are not always clear and precise. To counter these vulnerabilities most governments have placed stringent rules and regulations when it comes to foreign exchange trading. Forex regulations
Securing a loan is a complex transaction that consists of different operations to be performed like knowing the track record of the lender, the amount that has to be borrowed, terms and conditions and the benefits associated with it. Only when all these details are known the loan that is
In July 2010, the Daily Finance website carried an interesting report on weird laws in many parts of the world. For instance, the law in Italy that imposes a $430 fine on unsuspecting tourists feeding pigeons in Bergamo or the Mexican law that prohibits a cyclist from lifting either foot
People working overseas need to be able to send their earnings back home to their loved ones. Banks and money transfer companies allow citizens to transfer money between states and countries. Strict regulations are required especially for international money transfers as sensitive information and huge amounts of cash are involved.
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