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According to the United States Bankruptcy Court, in Alabama there were a total 16,972 bankruptcy filings in 2021. This includes both personal bankruptcies and business bankruptcies. As of September 2021, Alabama’s total state debt was approximately $23.5 billion. Bankruptcy Laws In Alabama Bankruptcy laws in Alabama are governed by both federal and state law. The federal bankruptcy law is called
Merchant cash advances can prove tempting to small business owners who are in need of fast cash, especially for those businesses that earn much of their money through credit card transactions. If you are a business owner who has found themselves with too much debt from merchant cash advances, it is a normal response to be concerned. If you are
According to the United States Bankruptcy Court, in the Central District of California there were a total of 57,714 bankruptcy filings in 2021. This includes both personal bankruptcies and business bankruptcies. As of September 2021, California’s total outstanding debt was approximately $295 billion. $10.1 billion was in Tax debt. It is important to note that California’s debt load is high
Every year, millions of people file their taxes only to find out they owe more than they can afford. While many manage to pay in full or set up monthly payment plans with the IRS, there’s a large group of taxpayers—millions, in fact—who simply can’t pay anything at all. If that sounds familiar, you’re not alone. Life happens. Unexpected expenses, job
When facing significant tax debt, finding a manageable solution can be a top priority. The IRS offers various options to help taxpayers with outstanding balances, and one option that may reduce your burden is the IRS Partial Payment Installment Agreement (PPIA). But how does this plan work, and do you qualify for it? This guide will explain everything you need
Wyoming has a long history of mineral extraction which has been the major contribution to its economy for over a century. Home to 35,000 active mines, mining continues to be a big deal in Wyoming.The mining industry employs a large section of the economy, but has struggled recently, causing the state to experience a slower economic recovery than most of
