Posted by Madeline Hedley | Posted on 15-12-2011
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There are some individuals that because of their income and assets may not need to file for bankruptcy. Bankruptcy is a tool that can help individuals with income and assets, avoid creditor seizure and garnishment. When an individual has minimal assets and no income they may be judgment proof and may not need to file for bankruptcy.
What Does it Mean To Be Judgment Proof?
A person who is judgment proof is a person who does not have any attachable assets or income from which a creditor would be able to collect from.
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Posted by Zachary Stones | Posted on 14-12-2011
We’ve had a lot of One and Done trading days lately! Simply put, a One and Done day is when our first trade wins. We then have the option of stopping for the day with a quick, handsome profit! Some do just that, while some students trade for more!
Today we had 2 winning EET emini trades, a winning Pullback, and a winning NSE out of No Zone. Now you could not have taken ALL of those trades, and we also had a losing Super-EET, but that was questionably valid. The 2nd EET and first Pullback trade was an either-or. You can’t do them both. However, they both won!
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Posted by Zachary Stones | Posted on 08-12-2011
IRS Commissioner Doug Shulman proposed that Forms 1099, W-2 and other documents be collected ahead of the full filing of income tax returns by taxpayers. This will give the IRS time to reject returns that didn’t match records before processing, reducing burdens on the agency and on filers.
The computer operations in the IRS have improved enough to allow the agency to make fundamental changes in how taxes are filed. T
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Posted by Madeline Hedley | Posted on 06-12-2011
Before the holidays are over, many consumers will charge an extra $600, $800, even $1,000 to their credit cards. Most shoppers don’t plan for this—it just happens. Department stores tempt them with offers of retail store credit cards, two-for-ones, and big discounts …
But by the time January rolls around, they have giant credit-card-debt hangovers that leave them wondering how they can preserve their finances when they have migraine-headache-sized debt looming over them.
Though they are supposed to be joy-filled, the holidays represent a giant danger to your credit score and your pocketbook. Come
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Posted by Dakota Bonnor | Posted on 05-12-2011
The Real Estate Settlement Procedures Act commonly known as RESPA, and passed into law in 1974, was designed to protect mortgage consumers, i.e. homebuyers and sellers, in the transactions of real estate. Our Boston bankruptcy clients frequently ask about how the foreclosures on their Boston homes could, or should, proceed. Sometimes they report that the foreclosures are being transacted improperly. In two noteworthy cases, one in Florida and one in Pennsylvania, consumers effectively “foreclosed” on their banks, using RESPA rules.
The Florida case took place in Collier County, Florida. A couple bought a house, for cash, from Bank of America, based in North Carolina.
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Posted by Zachary Stones | Posted on 04-12-2011
Presidential candidate Rep. Ron Paul (R-TX) spoke with Judge Andrew Napolitano, host of FOX Business News Freedom Watch, about his belief in the gold standard and the current state of U.S. monetary policy. Paul discusses the transition from fiat currency back to the gold standard by legalizing gold and silver tender without having a fixed exchange rate between the two currencies. Judge Napolitano questions whether there is a possibility of a true gold standard that allows exchange between the two, and Paul responds that while that scenario is a long way off, the current system cannot sustain itself and that an audit of the Federal Reserve is a good place to begin reform. Read more…
Posted by Madeline Hedley | Posted on 27-11-2011
You probably heard the saying: “The more things change, the more they stay the same.” But did you ever think it would apply to how your credit score is calculated?
Credit scoring changes are in the works, and those changes can affect how potential lenders will view your creditworthiness. Experian has begun including data that incorporates on-time rental payments in its credit reports, and all three credit bureaus now offer an estimate of income as an option. Cre
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