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Featured Articles
Chicago Residents | New Bankruptcy Code Until recently many people in Chicago and across the country, were allowed to file a Chapter 7 petition and discharge their debts without any form of repayment. While the option of repayment existed, most...
Defaults of the Noteworthy
Rembrandt Haremenszoon Van Rijn
1606-1669, The famous Dutch painter, accumulated more debts than he could repay and filed for bankruptcy at the age of 50 in 1656. Jacob Peter Thomasz, a lawyer, supervised the sale of his assets in 1657 and 1658. Many of Rembrandt's paintings and his house were sold at an auction. After the bankruptcy, he continued to paint but was not allowed to sell his works directly to customers. He was able to circumvent this law by having his son take over his business and sell his paintings.
Major Changes to IRS Tax Settlement Rules
In recent years, the IRS has made a concerted effort to get people back into good status by reaching deals on overdue taxes. The rules affecting this program have just changed dramatically. Major Changes... Irs Debt Help: 5 Options To Getting Rid Of Tax Debt
IRS Debt Help:Do you owe the IRS? Are you struggling with IRS debts and cannot figure out what to do? Don't despair, you are not alone. Many Americans owe back taxes, or cannot afford to pay their IRS... IRS Tax Debt Relief
The Keys To Tax Debt Relief
Owing the government money can be a serious and scary situation for Chicago Illinois residents. It arises for a variety of reasons. Failure to pay and underpayment... Dont Delay In Managing IRS Tax Debt
Debt Resolution, IRS Settlements Offer Help for Serious Tax Problems
San Mateo, Calif., - With tax day behind us, consumers and business owners who owe the IRS are not out of the woods. But while death...
Debt Management Helps Check Finances Getting into debt trap is very easy now a days. The loans market has lucrative loan schemes that lure people to take loans promptly. But, often, for one reason or another they cannot keep up repayment...