Many people find it shocking that the Internal Revenue Service (IRS) can take money directly from their bank account. However, it is a legal and sometimes necessary procedure that the government uses to collect owed tax dollars. This is called an IRS bank levy. The IRS is a government agency that is responsible for collecting […]

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Many people are surprised to hear that they can file for bankruptcy more than once. Some people even file for bankruptcy many times. There are so many misconceptions about bankruptcy. It’s a tricky subject full of technicalities. Nobody ever wants to find themselves needing to declare it. But for many people, it’s the best option. […]

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In these tough economic times, it’s not difficult to run into serious financial problems. Without expecting it, life circumstances such as job loss or reduced pay, a health crisis, rising utility costs, property catastrophes, divorce and more can render you unable to pay your bills. Even when you’ve budgeted carefully but your income doesn’t increase, […]

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Bankruptcy is intended to give those who have found themselves impossibly burdened by debt a fresh start and respite from the stress of collection attempts, creditor telephone calls, some lawsuits, wage garnishments, and other creditor actions. While many debtors think bankruptcy will erase all financial obligations and save their property from foreclosure or repossession, there […]

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