Millions of people struggle financially‚ but missing one or more payments does not mean you should visit a bankruptcy attorney. Most people are able to catch up after missing a payment‚ but certain factors may require a consultation with an expert to discuss the possibility of filing bankruptcy. If you are dealing with the following‚ consider visiting an attorney to learn more about bankruptcy. Loss of Income You may lose your income due to the termination of employment or an unexpected illness that
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Best Los Angeles Bankruptcy Attorney Individuals face critical financial situations from time to time in life. Sometimes‚ when things go out of hand due to increasing credit card bills‚ unpaid loans and mortgaged property issues‚ it is time to find legal alternatives so that a debtor may not lose his or her property to the bank. A Los Angeles bankruptcy attorney who has many years of experience in the legal field will be able to help eliminate debts and come back to a debt free life. Many customers
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If you have recently filed for Chapter 7 bankruptcy‚ you may be wondering what’s going to happen to your car. It’s the most common concern after real estate ownership. If you’d like to keep your vehicle‚ you simply have to know the details regarding your car’s worth and how that applies to the rules of filing for a Chapter 7 bankruptcy. If you have equity in your vehicle‚ you are in the minority of bankruptcy filers. Most bankruptcy filers have an “underwater” vehicle loan; they owe more on the
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Canada: Top Festivals And Events Canada is festival HQ. Across the length and breadth of the country‚ if there is an opportunity for a festival or an event‚ you can count on a city‚ town or village to arrange one. Festivals range from the internationally acclaimed Montreal Jazz Festival in Quebec to the lesser known Moose Jaw Kinsmen International Band & Choral Festival in Saskatchewan... and everything in between. The change of seasons‚ rural fairs‚ agricultural displays‚ rodeos‚ comedy festivals
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What are the factors or issues to cause Hanjin bankruptcy? The factors or issues to cause Hanjin bankruptcy included‚ Hanjin been unprofitable for four of the past five years. This may be the main issue to cause Hanjin bankruptcy due to financial cash flow problems. The global economic downturn in recent years severely will affect profits indirectly across the cargo shipping industry. It slows down the global trade and next‚ affects the cargo shipping industry. Fierce competition and falling prices
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83-year-old Detroit carmaker putting its future in the hands of the courts‚ albeit an 11th-hour deal with Italy’s largest carmaker‚ Fiat‚ to pool technology in building new vehicles. Both the administration and Chrysler expressed hope that the bankruptcy stage would be effective and completed within 30 to 60 days‚ clearing the company’s liabilities and allowing it to emerge in healthy shape. But legal experts questioned whether this will be achievable and factory workers expressed fear for their
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Part 3 The bankruptcy of Enron not only significantly impact the employment and pension of workers‚ but also the relevant major financial institutions‚ including investment Banks‚ commercial Banks‚ pension funds and mutual funds. On Feb. 14th‚ 2002‚ the international accounting standards foundation chairman and former Federal Reserve chairman Paul pointed out that the obvious problems in accounting and auditing profession has formed a kind of crisis after a long-term period of existence. A typical
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Lehman Brothers Bankruptcy of 2008 Kim Bonville Corporate finance Case Study for Week 5 In 2007 Lehman Brothers underwrote more backed securities than any other firm in the investment banking industry. Their portfolio was $85 billion and this was four times the shareholders equity. The history of Lehman Brothers‚ they are a worldwide financial bank and they are the fourth largest investment bank in the United States. Their services they offer are investment
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WorldCom was one of the leading telecommunication companies prior to its application for bankruptcy protection on July 21st‚ 2002. The firm’s decision to file for bankruptcy was a shocker move considering the amount of revenues and asset base the company had. It is believed that the firm was highly involved in fraudulent bookkeeping between the year 1999 and 2000 where they had managed to overstate its taxable income by at least $7 billion. It was also revealed that the company had committed itself
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is in a real credit crisis. His creditors are calling him threatening lawsuits‚ garnishments‚ and other unpleasant things. One of his friends at work said that he should file bankruptcy. He comes to you for advice from a Christian perspective. In particular‚ he wants to know: 1. Does the Bible forbid him to file bankruptcy? 2. Does the Bible forbid borrowing altogether? If not‚ when is it permissible to borrow money? Use the words "Forbids" or "Does not Forbid" in the subject line of your discussion
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