Get the latest news, exclusives, sport, celebrities, showbiz, politics, business and lifestyle from The VeryTime,Stay informed and read the latest news today from The VeryTime, the definitive source f
Browsing Category

Bankruptcy : Business & Finance

Information for Bankruptcy in Kentucky

In Kentucky, you can file for bankruptcy following the same basic procedures as in every other state. For example, in order to file Chapter 7 bankruptcy you must first qualify, using the median income of the state of Kentucky as a yardstick. You must also file your petition in the correct Kentucky b

A Guide To Debt Management Solutions

Since the beginning of the recession there has been an increase in personal insolvency. As a consequence of the rise in personal insolvencies, there has also been a rising demand for debt management solutions.

How to Refinance a Debt Consolidation Loan

A debt consolidation loan allows you to combine several different loan payments into one. Usually the interest rate is lower than the original loans and the resulting payment is smaller because the term of the loan is longer. The rates on a debt consolidation loan vary based on the market and on you

How Do I Get My Car Out of Forfeiture?

Getting your car out of forfeiture is possible, but it takes persistence and follow through. It is your responsibility to communicate with your lender. Without consistent communication, your lender will repossess your car. When talking with your lender, you have to have something to offer, such a

Availing a Car Loan After Bankruptcy

Times have changed and so is the financial market. Nowadays one can get car loans after bankruptcy too. This is also called car loan bankruptcy. It is wrong to think that bankruptcy means end to the prospects of availing any financial loan. On the contrary, bankruptcy means you are starting your fin

My Rights for Paying Back a Debt

Going into debt for a period of time can be part of a smart financial decision. Anyone who buys a home or car, or pays for college tuition, is likely to consider loans as a means of making a purchase that will pay off in the end. But once you owe someone money, it can be difficult to know your right

The New Bankruptcy Laws and Credit Card Solicitations

The biggest problem for debtors today is what to do with the mounting debt they have, especially credit card debt. Ever since the new bankruptcy laws have changed, credit card companies have become more aggressive than before in marketing to consumers.

Requirements to File Chapter 7 Bankruptcy

To file for Chapter 7 bankruptcy, you need a combination of the proper forms and the eligibility to qualify. Bankruptcy legislation requires you to demonstrate the financial need to file for Chapter 7, since you may receive a complete discharge of all your debts in as little as three months, with no

Will Financial Aid Have Money Left Over to Pay My Other Bills?

Sometimes money may be left over from loans, scholarships and grants to help you pay for other expenses than tuition and fees. Whether any money will be left over and how much will depend on your personal circumstances, including the cost of your courses and amount of your aid.

Bankruptcy Myths - How to Deal With the False Information

Filing for bankruptcy calls for a lot of courage. This is because the whole concept has been compounded with a lot of false information. It is at times difficult to know what is true and what is not. While it is true that filing for insolvency will have a negative impact on your image, it is not nec

Reasons Why People File For Bankruptcy

There are reasons why people file for bankruptcy as they feel that it is their ultimate option to get rid of a lot of things! A lot of Americans are caught in the hands of debts and do resolve it by coming out by filing bankruptcy. Below mentioned are some of the common reasons why people file for b

How Can I Stop Car Repossession?

When a car buyer finances a vehicle, the vehicle itself is used to secure the loan. If the buyer misses payments, sometimes by being as little as a few weeks late on a single payment, the finance company may exercise its ability to repossess the vehicle. Although the repossession process seems highl

How To Recover From Bankruptcy In Half The Time

If you should pose the above mentioned question to a bankruptcy law expert or attorney bankruptcy law professional, the answers might surprise you. Mostly those who have not been successful to fend off, stave or avoid bankruptcy, are looking for quick fixes. Once they realize that the blemish will b

Bankruptcy Vs. Bankruptcy Protection

When your debts become overwhelming, you may find yourself forced to file for bankruptcy. However, although you may think that is what you are filing, it may actually only be bankruptcy protection. The terms "bankruptcy" and "bankruptcy protection" tend to be used interchangeably because the process

Programs to Clear Credit

The lure of fixing a bad credit score can be especially attractive when you start shopping for financing. If you have a low credit score, you will immediately find out that improving your score can save you a great deal of money. If you try to hire a credit repair company to help, you need to consid