The Lanigans are based in Winter Park but work with clients throughout Florida in cities from Altamonte Springs to Boca Raton to Cape Canaveral, Clearwater, Cocoa Beach, Daytona Beach, Deland, Deltona, Fort Lauderdale, Fort Meyers, Gainesville, Heathrow, Jacksonville, Jupiter, Kissimmee, Lake Mary, Maitland, Melbourne, Miami, Mount Dora, Naples, New Smyrna Beach, Ocoee, Orlando, Palm Beach, Sanford, St. Petersburg, Tampa, The Villages, Vero Beach, Windermere, to Winter Springs. If there is a city not listed, be sure to call to find out if the Lanigans serve your area.
Source: laniganpl.com
Video: What is Bankruptcy & What Does it Do for You? Long Beach California Attorney Laura Claveran
Alternative To Bankruptcy And Debt Management Plans
At this point, a debt management plan is looking a lot like a debt settlement. The difference can be hard to understand initially. A DMP will work with your creditors and will continually pay your creditors will you continue to make payments into the plan. Some of the benefits of a DMP is that your creditors will generally not contact you while you are in the program. Another benefit is that often the creditors will report more favorably to the credit reporting agencies that the debtor is in a DMP and is paying according to re-structured terms. While this is not wonderful reporting as Susanne Robicsek points out, it is better than allowing your credit to tank through a debt settlement agency. Another benefit is that most DMPs will pay your creditors in full (unless something else is agreed to) so that you will not have potential tax implications from canceled or forgiven debt.
Source: bankruptcylawnetwork.com
Spouse isn’t immune to bankruptcy’s impact
If you are in reasonably good health, I recommend that you avoid bankruptcy if at all possible. Instead, keep working and find a way to pay off your credit card debt. You’ll be in better shape when you do retire. For one thing, if you can work just a few more years, you can put off claiming your Social Security benefits. Every year you delay collecting benefits increases the amount you receive when you do retire by 5 percent to 8 percent. (For details, see the Social Security Administration website’s page, "Retirement Planner: Delayed Retirement Credits.") By continuing to work, you may also keep building up the balance in your employer’s retirement plan. It would be wonderful to retire at age 66. However, as you and many people are finding out, you may not be able to retire when you want if you didn’t make adequate plans ahead of time or if those plans didn’t work out.
Source: creditcards.com
Prevent Bankruptcy At Birth With Tips From Author Joe Mason
• Credit Applications Denied: The first time a child or parent becomes aware that the child’s Social Security number has been stolen is when the child attempts their first credit transaction such as applying for financial aid, purchasing a cell phone, buying a car, or applying for a job that requires a credit check or background investigation.
Source: cbslocal.com
Bring Your Credit Ratings Up With These Tips
33 years direct sales, 18 years network marketing, internet marketing coach, SEO Expert with a specialty in PPC. Love to live live life walking or jogging daily, sailing, skiing, hiking. A dog lover, with a blessed life, thanks to the net… Met the love of my life online, and now have top producers calling me for a change…Learn and master what we teach here at empower network and it will set you free…recently.a top industry producer with a 6 figure downline contacted me from an Empower Add, and a month later he is building my primary business….put in 30 people last week and were only getting started..This would have never happened had it not been for Empower Network! Thank you Dave and Dave! Sharron n Bob
Source: empowernetwork.com
Suntech (NYSE:STP) Solar Bankruptcy
Suntech’s management is the worst amongst the Chinese solar companies given the number of mistakes it has made till date despite the initial mover advantage, plus the strong support from the Chinese Government it enjoys. The company has so much debt and its business model, is in such a dire shape that only a Government bailout can keep the company alive. Like LDK Solar, Suntech is now dependent on the benevolence of the Chinese Government and its banks. The company’s convertible bond prices have crashed to 40cents a dollar indicating the company’s precarious shape.
Source: greenchipstocks.com
How Long Does It Take To Recover From Bankruptcy
You should not have to pay for a consultation with a bankruptcy attorney. Make sure you ask lots of questions. You can meet with a few lawyers before deciding on one. Most lawyers provide a free initial consultation. Make a decision when all your concerns and questions have been addressed well by one lawyer in particular. It is not necessary to come to a decision immediately following the meeting. After your consultations, do some additional research on each attorney you consider qualified for the job.
Source: silver.ac
What does A123′s bankruptcy mean for Fisker?
Yes, it’s a tough and fiercely competitive economy and, yes, a small number of clean energy companies have experienced difficulty, but those company bankruptcies hardly indicative of the overall clean energy sector. In fact, some fossil fuel businesses have also failed in recent months, see: ATP Oil & Gas Corp., Patriot Coal, etc. While business failures are unfortunate, this is how the free market works. Businesses occasionally fail.
Source: siliconbeat.com
A123′s Bankruptcy: Facts, Reax And Predictions
That makes it a big political story, with partisans on both sides denouncing and defending the Department of Energy’s $249.1 million grant to A123 (about $132 million spent so far, mainly to build its flagship factory in Livonia, Mich.). We’ve already seen the inevitable comparison to bankrupt solar company Solyndra, which took a $535 million loan guarantee from the Department of Energy only to go under last year. DOE-backed flywheel energy storage maker Beacon Power and thin-film solar startup Abound Solar have since declared bankruptcy as well.
Source: seekingalpha.com
What can I do?!!! More about Dealing with Very Aggressive Creditors in Bankruptcy
The adversary proceeding can go through all the steps of a regular lawsuit. After filing the answer, there can be “discovery”—the process of requesting and exchanging any pertinent information and documents, and holding depositions (questioning witnesses under oath, usually focusing on you and your alleged behavior in incurring the debt). And there could be various kinds of motions, pre-trial hearings, and a full trial. But these kinds of adversary proceedings rarely go through all these step and get to trial, because the amount of money at issue usually does not justify the cost involved for either side to pursue it that far. So after both sides get a clear picture of the facts, there is usually a settlement. Sometimes one side or the other sees that the facts are not looking good and mostly or completely gives in. The debtor may concede that his or her actions fit the legal standards to prevent the debt from being discharged, or the creditor sees that it’s wasting its time and will dismiss the adversary proceeding. Or else the two sides come up with some sensible compromise.
Source: kinglawbankruptcy.com