If tourism cities and states are leading in foreclosures bc tourism dried up, how does taxing Canadians with homes in Florida make up for hundreds of millions of dollars lost?
It's simple: they sell and buy elsewhere.
@profalex.bsky.social
@profalex.bsky.socialIf tourism cities and states are leading in foreclosures bc tourism dried up, how does taxing Canadians with homes in Florida make up for hundreds of millions of dollars lost?
It's simple: they sell and buy elsewhere.
@profalex.bsky.socialSo your Chapter 13 bankruptcy hasn't been confirmed yet. Is your lawyer doing something wrong? Here's what you should know about Confirmation Hearings.
@profalex.bsky.socialExemptions, in part, determine whether you are filing Chapter 7 or 13 bankruptcy. In today's article, I review the exemptions for Pennsylvania, which are minimal, which means you will likely have to choose the federal exemptions.
Full article below in the comments!
@profalex.bsky.socialIf you look at tourism cities/states, there's an increase in bankruptcy/foreclosures.
For example, Las Vegas, Florida, and South Carolina. More than a year ago, I said this would result in billions being siphoned out of the economy, plus international students going elsewhere.
@profalex.bsky.socialDon't accept "no" from the credit card company!!! It's their common tactic when it comes to fraud or unauthorized charges.
@profalex.bsky.socialThe Means Test is step 1 when determining if you qualify for Chapter 7 bankruptcy. The Means Test focuses on the median income in your state. Today's article reviews the Means Test for the state of Pennsylvania.
See the full article below.
@profalex.bsky.socialThere are good trends and then there are bad ones. This is a bad one.
@profalex.bsky.socialSo this popped up on my screen. Probably one of the greatest literary masterpieces of our time. It also happens to be my textbook, so I might be somewhat biased.
@profalex.bsky.socialWhen filing for bankruptcy, step one is making sure your income is below the state average income, known as the means test. Here are the income figures for Oregon.
@profalex.bsky.socialChances are your car has "negative equity." Did you know that with Chapter 13, you can reduce your car loan balance to the actual value of your car and also reduce the interest rate, saving you thousands of dollars?
@profalex.bsky.socialAttorney's fees are always an issue in bankruptcy, but most attorneys offer flexible payment plans. But be careful with lawyers who advertise low fees but whose "costs" are high!
@profalex.bsky.socialExemptions are what protect your assets when you file for bankruptcy. My latest article explains the exemptions for Oregon.
See below in the comments for the full article.
@profalex.bsky.socialI said come the end of summer, the economic impact of the Iran Conflict would be felt. Diesel is at $6.31, interest rates increased .25%.
Bankruptcy filings have risen in every state. At one point, a 67% rise in farmer bankruptcies.
@profalex.bsky.socialBankruptcy filings continue to rise, as those between the ages of 40 and 59 account for 50% of consumer bankruptcy cases.
@profalex.bsky.socialThe 341 meeting of creditors is a mandatory hearing whether you filed Chapter 7 or 13. The hearing is relatively short and simple. In this article, I explain the process whether you are a creditor or a debtor.
@profalex.bsky.socialR emember LA Laker Byron Scott?
He filed for Chp 7 bankruptcy b/c he was sued for sexual assault. In 1987, he admitted at age 26 & married he had intimate contact with a 15 year old in a janitor’s closet at Campbell Hall School, but believed the girl was 18.
@profalex.bsky.socialBy January, the National Debt is expected to reach $41 trillion, and by June, $42 trillion.
@profalex.bsky.socialWhat's next in the Shilo Sanders bankruptcy trial?
@profalex.bsky.socialAlabama has the worst bankruptcy rate and is also part of the "bankruptcy belt," which includes Georgia, Mississippi, and Tennessee.
