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Entries for October, 2009

Question about chapter 7 bankrupcy?

I have a limited understanding of chapter 7 bankrupcy; please tell me if this is right….
In order to be elligible for a chapter 7 bankrupcy, you have to fit in to the criteria of the means test, which basically means that if my income doesn’t exceed like 58,000 a year using a six month average, [...]

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What CNN and the NAACP wont tell you?

The Democratic Party has for years given lip service to the African-American community. They have talked about prominence without fulfilling the promise. They patronize without empowering. Worst of all, this unholy bond has done more to decimate and deplete our community than slavery and Jim Crow laws ever could have accomplished. This allegiance [...]

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Can this IRS debt be included in Chapter 7 bankruptcy?

My b/f’s ex-wife is in contempt for non-payment of IRS debt as stipulated in their divorce decree. They have had their 1st court hearing at which she was told she must have a payment plan in place by the time they return to court. Now she has filed chapter 7 bankruptcy and listed [...]

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