Archive for July 7th, 2007

Don’t Let Unfiled Tax Returns Cause Your Bankruptcy Dismissal »

Bankruptcy rules require you to have federal and state tax returns filed for the past four years. A Kansas judge recently dismissed a debtor’s chapter 13 bankruptcy case when it was discovered her 2002 tax return had not been filed, even though she got the missing tax return filed about six weeks later.
Don’t let [...]

Popularity: 4% [?]

How Long Does It Take To Finish A Chapter 7 Bankruptcy Case? »

Chapter 7 bankruptcy cases can be completely finished and closed in a relatively short period of time if it is a “no asset case.” This means that the Chapter 7 trustee has determined that all assets owned by the debtor are exempt, and there is nothing for the trustee to sell / administer in [...]

Popularity: 9% [?]

Poverty in the Suburbs »

“For the first time ever, more poor Americans live in the suburbs than in all our cities combined.”  So writes Eyal Press in “The New Suburban Poverty” published in The Nation magazine’s April 23, 2007 edition.
He was commenting on a December 2006 report from The Brookings Institution, which [...]

Popularity: 2% [?]