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Chapter 12 Bankruptcy For Farmers And Fishermen

Chapter 12 Bankruptcy For Farmers And Fishermen

Chapter 12 Bankruptcy For Farmers And Fishermen Chapter 12 bankruptcy is a relatively new addition to bankruptcy laws. It allows “family farmers” and “family fisherman” to restructure their finances and avoid liquidation or foreclosure. It’s very similar to Chapter 13 bankruptcy, but provides additional benefits to debtors. For much of our nation’s history, there were… Continue reading Chapter 12 Bankruptcy For Farmers And Fishermen

Probate Attorney Altamont UT 84001

Salt Lake Lawyer Introduction What to Expect When Working with a Probate Attorney in Altamont UT How to Choose the Right Probate Attorney for Your Needs in Altamont UT Understanding the Probate Process and What a Probate Attorney Can Do for You in Altamont UT Common Questions to Ask a Probate Attorney in Altamont UT… Continue reading Probate Attorney Altamont UT 84001

Bankruptcy

Bankruptcy

Bankruptcy is a legal process through which you are declared unable to pay your debts when they fall due. You may file for bankruptcy (voluntary bankruptcy), or alternatively, creditors can apply to have you declared bankrupt. If you are declared bankrupt by either of the above means, you will be removed from managing your own… Continue reading Bankruptcy

Bankruptcy Chapter 13

Bankruptcy Chapter 13

Bankruptcy Chapter 13 Bankruptcy is a federal court process designed to eliminate debts or repay them under the protection of the bankruptcy court. For individuals, most people file either Chapter 7 or Chapter 13, because a court order can call an automatic stay, prohibiting most creditors from hounding you in order to collect what you… Continue reading Bankruptcy Chapter 13

Bankruptcy Chapter 11

Bankruptcy Chapter 11

Bankruptcy Chapter 11 Chapter 11 bankruptcy is designed to allow struggling businesses to restructure their finances and maximize the return to their creditors and owners. Businesses turn to Chapter 11 bankruptcy when pinched financially, often due to a temporary downturn. It can help a viable business keep the doors open long enough to regroup and… Continue reading Bankruptcy Chapter 11

Are There Financial Benefits To Adoption?

Are There Financial Benefits To Adoption.JPG

Are There Financial Benefits To Adoption? The two major financial benefits available to adoptive parents are federal tax credits and adoption subsidies. A federal tax credit is a reduction of your federal income tax in the year in which you adopt a child. The conditions for claiming this credit are complicated depending on many factors… Continue reading Are There Financial Benefits To Adoption?