Category : Bankruptcy : Business & Finance

Medical Withdrawals From an IRA

Bankruptcy
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Congress created individual retirement accounts with the intent that they be used for costs of living during your retirement. To discourage early withdrawals, the Internal Revenue Service imposes a 10 percent early withdrawal penalty. However, you can avoid this penalty for withdrawals taken to pay

How to Stop Living in Debt

Bankruptcy
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Few things are as stressful as knowing that you have debts you are unable to pay. Frequent telephone calls and threatening letters from bill collectors can contribute to depression in many people. In order to rectify that situation and prevent it from recurring in the future, you must not only pay o

Chapter 7 Bankruptcy Forms

Bankruptcy
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Cash is the lifeblood of any human activity. If you do not have the necessary cash, you are considered to be bankrupt in the U.S. Today, many citizens file for bankruptcy. Taking this into consideration, the U.S. government has come up with chapters to deal with bankruptcy. One of the many chapters

How File Chapter 7 in Maryland

Bankruptcy
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The federal bankruptcy laws regulate bankruptcy filing in all 50 states, although each state also establishes local rules for filing. The main difference between filing in Maryland and filing in other states is that Maryland law requires you to serve notice to your creditors yourself and file a noti

Arkansas Bankrupt Homestead Law

Bankruptcy
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Depending on the chapter of bankruptcy you file, you may have to either make payments or forfeit property to the court to receive a discharge of your debt. Bankruptcy law allows for individual states to determine their own exemption levels, which are the specific amounts of property that you may ret