The Best Alternative To Bankruptcy In Alaska
March 21, 2023
According to the United States Bankruptcy Court for the District of Alaska, there were a total of 820 bankruptcy filings in Alaska in 2020. Of the 820 bankruptcy filings in Alaska in 2020, 616 were Chapter 7 filings, which is a type of bankruptcy that allows individuals and businesses to discharge most of their debts.…
Bankruptcy in Alabama: Consider The Alternative
March 20, 2023
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…
Merchant Cash Advance Default: What Should You Do?
March 20, 2023
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…
Bankruptcy In California: Consider The Alternative
March 17, 2023
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…
IRS Currently Not Collectible Status: What Are The Pros And Cons?
March 16, 2023
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.…